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SCYNEXIS prices IPO at $10, as expected

May 2, 2014

SCYNEXIS, a biotech developing treatments for life-threatening fungal infections, raised $62 million by offering 6.2 million shares at $10, as expected. SCYNEXIS plans to list on the NASDAQ under the symbol SCYX. RBC Capital Markets and Canaccord Genuity acted as joint bookrunners on the deal.