Nektar Therapeutics Issues Statement Confirming That It Does Not Hold Any Cash Deposits or Securities at Silicon Valley Bank

On March 13, 2023 Nektar Therapeutics (Nasdaq: NKTR) reported a statement confirming that it does not have any accounts at Silicon Valley Bank, and it does not hold any cash deposits or securities at Silicon Valley Bank (Press release, Nektar Therapeutics, MAR 13, 2023, View Source [SID1234628571]). At December 31, 2022, the company had approximately $505 million in cash and investments in marketable securities.

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