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It's crunch time for Karyopharm as company faces potential default next month

It's crunch time for Karyopharm as company faces potential default next month

With its reserves depleted, a debt payment due in four weeks and its cash runway stretching only into next month, the question for Karyopharm Therapeutics is what’s next and how soon can it happen? The company sustained a $67 million loss in the second quarter, which is greater than its current cash reserves.

Source: www.fiercepharma.com –

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