Exclusive: PsiOxus Therapeutics may look at IPO in 2017
Immuno-oncology company PsiOxus Therapeutics may opt for an initial public offering in 2017, though the company is not looking to go public anytime sooner, chief executive John Beadle told The Pharma Letter in an exclusive interview.
“If it is on the horizon it may be in 2017,” the Dr Beadle said, when asked about the IPO plans.
In May 2015, Neil Woodford's new $1.2 billion fund and GlaxoSmithKline's (LSE: GSK) venture capital unit contributed to a $39 million Series C round in PsiOxus. The funds were allocated to the company’s study of oncolytic virus, together with a checkpoint inhibitor.
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