CyDex Files for IPO

CyDex Pharmaceuticals Inc., a Lenexa, Kansas-based developer of drugs that “address limitations of current therapies in selected established,” has filed for a $50 million IPO. It plans to trade on the Nasdaq under ticker symbol CYDX, with Pacific Growth Equities serving as lead underwriter. 

 

CyDex has raised over $29 million in VC funding since 2000, from firms like TVM Capital, RiverVest Venture Partners, Life Sciences Opportunities Funds, S.R. One Ltd. and Eastman Chemical Company Investments. www.cydexinc.com