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Benzinga
Benzinga
Business
Vandana Singh

Karyopharm Strengthens Balance Sheet With $100 Million Financing To Extend Cash Runway Into 2026

Karyopharm KPTI therapeutics
Munich,,Bavaria,,Germany,-,March,31,2023:,Karyopharm,Therapeutics,Is

Karyopharm Therapeutics Inc. (NASDAQ:KPTI) on Wednesday announced comprehensive financing and capital structure transactions expected to provide the company with  $100 million of financial flexibility and additional capital, extending the cash runway into the second quarter of 2026.

KPTI is among today’s weakest performers. See what is happening here.

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