Drug developer City Therapeutics files for US IPO

September 24, 2026 4:51 PM EDT

FILE PHOTO: Illustration photo shows various medicine pills in their original packaging in Brussels, Belgium August 9, 2019. REUTERS/Yves Herman/Illustration/File Photo

Sept ‌24 (Reuters) - ​Drug ​developer City Therapeutics ‌filed for an ⁠initial public ‌offering in the ‌US on Thursday.

The Cambridge, ​Massachusetts-based company plans ⁠to sell new ​shares in the IPO.

City Therapeutics ​will list ‌on the Nasdaq ⁠under the symbol “CTY.”

Goldman Sachs, ⁠Jefferies, Stifel and ​Oppenheimer are the underwriters for ‌the offering.

(Reporting by Arasu ‌Kannagi ⁠Basil ‌in Bengaluru; ​Editing by Jonathan ‌Ananda)



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