BioCentury
ARTICLE | Finance

Wait for it

Foundation, Karyopharm not alone as biotechs hold off double-dipping the market

April 21, 2014 7:00 AM UTC

Wait for it

Pharmacogenetics company Foundation Medicine Inc. (NASDAQ:FMI) and cancer play Karyopharm Therapeutics Inc. (NASDAQ:KPTI) withdrew follow-on plans this month, and plenty of others are pumping the brakes. Biobankers say companies are hoping to wait out the market correction - particularly those with plenty of cash...