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Calithera Biosciences prices IPO at $10, below the range

October 2, 2014

Calithera Biosciences, an early-stage biotech developing a drug platform that inhibits tumor metabolism, raised $80 million by offering 8 million shares (upsized from 6 million) at $10, below the range of $13 to $15. Calithera Biosciences plans to list on the NASDAQ under the symbol CALA. Calithera Biosciences initially filed confidentially on 7/25/2014. Citi and Leerink Partners acted as lead managers on the deal.