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Week In Review: Bio-Thera Raises $241 Million In Shanghai STAR IPO For Antibody Portfolio
Article By: ChinaBio® Today
Saturday, February 15, 2020 4:19 PM EDT
Bio-Thera Solutions of Guangzhou priced its IPO on Shanghai’s STAR Board to raise $241 million at a valuation of almost $2 billion. The offering, which placed 60 million shares at RMB32.76 each, was reported to be 3,225 times oversubscribed.
In this article: JNJ, ROG, GILD, ZLAB
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Week In Review: Sorrento Therapeutics Fights $933 Million Take-Private Bid
Article By: ChinaBio® Today
Saturday, February 1, 2020 5:24 PM EDT
Sorrento Therapeutics, a San Diego-Nanjing-Suzhou biopharma, rejected a $7 per share take-private offer from an unnamed PE company that valued the company at $933 million. Sorrento reported a loss of $57 million over the last 12 months.
In this article: AZN, ROG, SRNE, DMPI, EYPT
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Week In Review: South Korea's Celltrion Plans $513 Million Biologics Facility In Wuhan
Article By: ChinaBio® Today
Saturday, January 25, 2020 4:50 PM EDT
Celltrion, a South Korea biopharma, plans to build a $513 million China biologics manufacturing facility in Wuhan. The company said the plant's 120,000 liter capacity will make it the largest facility in China.
In this article: ROG, ZLAB
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Avoid These Overvalued Momentum Stocks
Article By: David Trainer
Wednesday, May 8, 2019 9:47 AM EDT
These stocks are some of the best performing so far in 2019, but they have misleading earnings and significant downside risk.
In this article: ROG, CVNA
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Week In Review: Hansoh Plans Hong Kong IPO To Raise Up To $1 Billion
Article By: ChinaBio® Today
Saturday, April 13, 2019 4:09 PM EDT
Hansoh Pharma, an established drug company, has filed for a Hong Kong IPO, and is rumored to seek between $500 million and $1 billion in new capital. It's a profitable drug company with $1.1 billion in revenue and more than $280 million in profits.
In this article: ROG, BGNE
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