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Inhibrx Raises $40M; Files for $75M IPO

The $40M Would Convert Into Shares At 90% of IPO Price

La Jolla-based Inhibrx is prepping for a public debut. Two weeks after raising $40 million, the company in early June filed for an initial public offering to advance three cancer drugs in clinical trials — and other preclinical programs, including an antibiotic.

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