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Cannabinoid biotech Therapix BioSciences files for a $12 million IPO

November 4, 2016
TRPX

Therapix BioSciences, a biotech developing a portfolio of cannabinoid based therapies, filed on Friday with the SEC to raise up to $12 million in an initial public offering.

The Tel-Aviv, Israel-based company was founded in 2004. It plans to list on the Nasdaq under the symbol TRPX. Rodman & Renshaw is the sole bookrunner on the deal. No pricing terms were disclosed.