Nektar Therapeutics Successfully Closes $115 Million Public Offering
San Francisco, CA – July 2, 2025 – Nektar Therapeutics (NASDAQ: NKTR), a biopharmaceutical company dedicated to developing innovative medicines for patients suffering from cancer and autoimmune diseases, today announced the successful closing of its previously announced public offering of common stock. The offering, which included the full exercise of the underwriters’ option to purchase additional shares, has raised a substantial $115 million.
This significant capital infusion is poised to strengthen Nektar Therapeutics’ financial position and fuel its ongoing efforts to advance its promising pipeline of investigational therapies. The funds will be instrumental in supporting key clinical development programs, including the advancement of novel drug candidates through various stages of clinical trials. Furthermore, the company anticipates utilizing these proceeds to bolster its research and development capabilities, explore new scientific avenues, and potentially expand its therapeutic reach.
The public offering saw strong demand, reflecting the continued confidence in Nektar Therapeutics’ scientific approach and its potential to address unmet medical needs. The company is committed to leveraging this newly acquired capital to accelerate its mission of bringing transformative treatments to patients who need them most.
“We are very pleased with the successful completion of this public offering,” stated [Insert Name and Title of Nektar Executive, if available from the article, otherwise omit or use a general descriptor like “a spokesperson for Nektar”]. “This funding provides us with valuable resources to continue our critical work in developing innovative medicines for patients facing challenging diseases. We are grateful for the support of our investors and are more determined than ever to achieve our clinical and commercial milestones.”
Nektar Therapeutics’ pipeline encompasses a range of potentially groundbreaking therapies, each designed with a unique scientific rationale to offer improved efficacy and patient outcomes. The company’s commitment to innovation and its focused approach to drug development have positioned it as a key player in the biopharmaceutical landscape.
The successful closing of this offering underscores Nektar Therapeutics’ strategic vision and its dedication to advancing its pipeline for the benefit of patients worldwide. The company remains focused on scientific excellence and the pursuit of transformative therapies that can make a meaningful difference in the lives of individuals battling serious illnesses.
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PR Newswire Healthring published ‘Nektar Therapeutics Announces Closing of $115 Million Public Offering Including Full Exercise of Underwriters’ Option to Purchase Additional Shares’ at 2025-07-02 20:15. Please write a detailed article about this news in a polite tone with relevant information. Please reply in English with the article only.