Did you know?

ChinaBio® Group is a consulting and advisory firm helping life science companies and investors achieve success in China. ChinaBio works with U.S., European and APAC companies and investors seeking partnerships, acquisitions, novel technologies and funding in China.  

Learn more >>

Free Newsletter

Have the latest stories on China's life science industry delivered to your inbox daily or weekly - free!

  Email address:
   

Apollomics, a US-China Biopharma, will Merge with SPAC to List on NASDAQ Exchange

publication date: Sep 16, 2022

Apollomics, a Foster City-Hangzhou oncology company, has agreed to merge with Maxpro Capital Acquisition, a special acquisition company formed to take a company public. Apollomics is developing a pipeline of nine clinical, pre-clinical and discovery stage drug candidates for patients with difficult-to-treat cancers, including products for lung cancer and leukemia. The agreement implies a market value of $899 million for Apollomics, which will retain up to $105 million of cash. Existing Apollomics shareholders will own 87% of the new entity’s stock after the closing, expected to occur during the first quarter of 2023. More details....

Share this with colleagues:  


This article is available for purchase - please click here for details.

Sorry this page is available to subscribers only.
If you're not a subscriber why not subscribe today?

If you are already a subscriber, please login.

If you believe you should have received this message in error, please contact us.


 

To gain access to the members only content click here to subscribe.

You will be given immediate access to premium content on the site.

Upcoming Events

ChinaBio® Partnering Forum
September 10–11, 2024 | Shanghai, China
Register here


BIO-Europe®
November 4–6, 2024 | Stockholm, Sweden
Save €900 before September 13!
Register here


Biotech Showcase™
January 13–15, 2025 | San Francisco, CA
Save $600 before September 27!
Other Relevant Events

Antibody Engineering & Therapeutics Asia
October 21–23, 2024 | Kyoto, Japan
Save 30% with code CHINABIO30!
Register here