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KemPharm Sets Terms for $52 Million IPO

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KemPharm, which is developing abuse-deterrent versions of widely-prescribed pain medications, announced terms for its IPO on Friday.

The Coralville, IA-based company plans to raise $52 million by offering 4 million shares at a price range of $12 to $14. At the midpoint of the proposed range, KemPharm would command a fully diluted market value of $207 million.

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