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Receptos files for $86.3m IPO

 
• By Mandy Jackson

Receptos intends to raise $86.3 million in an initial public offering to fund mid-stage clinical trials for its once-daily, oral multiple sclerosis drug RPC1063 and the antibody RPC4046 for the treatment of eosinophilic esophagitis (EoE).

Receptos intends to raise $86.3 million in an initial public offering to fund mid-stage clinical trials for its once-daily, oral multiple sclerosis drug RPC1063 and the antibody RPC4046 for the treatment of eosinophilic esophagitis (EoE).

The San Diego-based company licensed RPC4046 in March from AbbVie, but the Abbott spinout retained the right to enter into...

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