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Recbio Plans to Raise $98 Million in a Hong Kong IPO for Vaccines

publication date: Mar 21, 2022

Jiangsu Recbio Technology (HK: 2179) is conducting a $98 million Hong Kong IPO to support development of its vaccine portfolio. Recbio has a portfolio of 12 vaccine candidates including its lead product, a recombinant HPV 9-valent vaccine currently being tested in a Phase III clinical trial. The company is focused on protein-based subunit vaccines that present an antigen to the immune system without viral particles. Last year, Recbio formed a JV with Shenzhen Rhegen Biotech to develop an mRNA vaccine for COVID-19. More details....

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