CDH-backed Mabpharm files for Hong Kong IPO
Mabpharm, a China-based biopharmaceutical company backed by CDH Investments, has filed for an IPO in Hong Kong, the latest in a growing number of proposed listings under new rules that allow biotech companies with no revenue or profits to go public.
The company’s prospectus did not reveal any details about the offering. Proceeds will support continued research and development on Mabpharm’s product candidates, along with construction costs and...
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