Codiak Biosciences outlines a new focus for its exosome platform in $86M IPO filing
Venture raises from marquee investors? Check. Collaboration deal? Check. Clinical trial timeline? Check. For its next step, Codiak Biosciences is headed for an IPO.
The S-1 reveals little that we didn’t already know about the Cambridge, MA-based biotech, which has a platform to repurpose exosomes as drug delivery vehicles to carry a range of therapeutic payloads, from small molecules to proteins to nucleic acids. CEO Doug Williams has raised $168.2 million so far in his first gig since leaving the top research job at Biogen, and recently brought in a further $56 million in upfront payment from an alliance with Jazz.
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