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A better chemotherapy: Cancer biotech NuCana files for a $115 million IPO

September 1, 2017
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NuCana, a UK biotech developing enhanced chemotherapies for resistant tumors, filed on Friday with the SEC to raise up to $115 million in an initial public offering.

The Edinburgh, United Kingdom-based company was founded in 2008 and plans to list on the Nasdaq under the symbol NCNA. NuCana filed confidentially on June 26, 2017. Citi, Jefferies and Cowen & Company are the joint bookrunners on the deal. No pricing terms were disclosed.