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home / news releases / SFTBY - Week In Review: BeiGene Raises $3.5 Billion In Shanghai STAR Board IPO


SFTBY - Week In Review: BeiGene Raises $3.5 Billion In Shanghai STAR Board IPO

  • Beijing's BeiGene announced its Shanghai STAR Exchange IPO will raise $3.5 billion in gross proceeds for the company, more than the predictions of $3 billion.
  • Suzhou Abogen Biosciences, an mRNA company, raised $300 million to support development of its COVID-19 vaccine and other drug candidates.
  • Shanghai ITabMed announced it has completed the spin-off from Evive Biotech of the iTab™ platform and closed a $20 million Series A-round financing.

For further details see:

Week In Review: BeiGene Raises $3.5 Billion In Shanghai STAR Board IPO
Stock Information

Company Name: SoftBank Group Corp ADR
Stock Symbol: SFTBY
Market: OTC

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