Posted Apr. 3, 2014 at 7:42 a.m.

Premium Lock Scynexis likely to become latest Triangle IPO today - but at sharply lower price

Published: 2014-04-03 07:42:00
Updated: 2014-04-03 07:42:00

The Scynexis pipeline The Scynexis pipeline, from the Scynexis website Image 1 of 3 · Next Image…

The Durham-based drug firm has finalized plans to begin selling shares between $7 and $8 on Thursday on the Nasdaq under the symbol SCYX. The nasdaq says the IPO is expected to begin at some point today after trading opens. However, the share price is well under an earlier targeted range of between $12 and $14 a share. Scynexis also is doubling the number of shares available....

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