Deals and Financings
Shanghai Fosun Pharma (HK: 02196: SHA: 600196) announced it will seek a Hong Kong IPO for Shanghai Henlius Biotech, its monoclonal antibody JV subsidiary. At the same time, the company will withdraw its application for a listing on China's Third Board, the National Equities Exchange and Quotations System. Founded in 2010, Henlius is a joint venture between Fosun Pharma and US-based Henlius; Fosun owns 60% of the JV. The company was established to develop mAb biosimilar drugs, bio-betters and novel mAbs.
GO Therapeutics of Cambridge, Mass., signed a $195 million licensing deal