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NRIX - IPO Update: Instil Bio Proposes $250 Million IPO Terms
Nurix Therapeutics Inc.
Instil Bio has filed terms for its $250 million IPO.
The firm is advancing autologous TIL treatment candidates for melanoma and other solid tumor cancers.
TIL has produced intriguing early efficacy results but the IPO is priced far above the normal life science IPO range, so I'll watch it from the sidelines.