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Kyverna Therapeutics opens at $34.25, IPO priced at $22

Kyverna Therapeutics (KYTX) priced 14.5M shares at $22.00, just above the revised $20.00-$21.00 range. Kyverna is a clinical-stage biopharmaceutical company focused on developing cell therapies for patients suffering from autoimmune diseases. Its lead product candidate, KYV-101, is advancing through clinical development across two broad areas of autoimmune disease: rheumatology and neurology.

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