Lepu Biopharma - Bamboo Works - China stock insights for global investors https://thebambooworks.com/tag/lepu-biopharma/ China stock insights for global investors Fri, 17 May 2024 06:27:19 +0000 en-GB hourly 1 https://wordpress.org/?v=6.1.1 https://thebambooworks.com/wp-content/uploads/2022/12/cropped-BBW_website_icon_20221228-32x32.png Lepu Biopharma - Bamboo Works - China stock insights for global investors https://thebambooworks.com/tag/lepu-biopharma/ 32 32 FAST NEWS: Lepu Biopharma to raise $32 million in share sale https://thebambooworks.com/fast-news-lepu-biopharma-to-raise-32-million-in-share-sale/ Fri, 17 May 2024 05:34:10 +0000 https://thebambooworks.com/?p=32096 Lepu touts itself as the only biotech company in China working on all three very promising fronts, with PD-1 products in the new drug application (NDA) stage, multiple “smart missile” antibody-drug conjugate (ADC) products in clinical trials, and OV products under development.The Latest: Innovative drug maker Lepu Biopharma Co. Ltd. (2157.HK) announced on Friday it will place up to 51.17 million shares, or about 2.99% of its overall issued share capital, for a sale price of HK$4.58 per share. Looking Up: The company expects to receive approximately 230 million yuan ($32 million) in net proceeds from the.....

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Lepu Biopharma gets taste of spring with first revenues https://thebambooworks.com/lepu-biopharma-gets-taste-of-spring-with-first-revenues/ Thu, 23 Mar 2023 03:38:53 +0000 https://thebambooworks.com/?p=17122 The ADC-focused drug company logged its first-ever sales late last year, kicking of the next phase of its development Key Takeaways:   By Molly Wen After years of cash burning to support its drug development and Hong Kong listing, Lepu Biopharma Co. Ltd. (2157.HK) has entered a new phase as it graduates from the ranks.....

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Laekna IPO hopes to hitch a ride on Novartis ties https://thebambooworks.com/laekna-ipo-hopes-to-hitch-a-ride-on-novartis-ties/ Tue, 21 Mar 2023 04:25:30 +0000 https://thebambooworks.com/?p=17019 The producer of drugs licensed from third parties is banking on ties to the Swiss drug maker, as one of its key products nears the regulatory finish line Key Takeaways:   By Ellie Si Innovative cancer drug maker Laekna Inc. was hoping to ride a wave of strong investor sentiment toward innovative drug makers when.....

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Lepu Biopharma Marches Towards First Sales as Costs Mount https://thebambooworks.com/lepu-biopharma-marches-towards-first-sales-as-costs-mount/ Thu, 06 Oct 2022 05:04:58 +0000 https://thebambooworks.com/?p=9732 Company’s Puyouheng cancer immunotherapy drug was approved for two indications in China, becoming its first commercialized product Key Takeaways: Lepu Biopharma will incur more operational costs as it builds up its production capacity and sales and marketing teams to commercialize its first approved product The company’s stock surged after it said it would list on.....

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Lepu ScienTech Revives IPO After Policy Move Brightens Its Prospects https://thebambooworks.com/lepu-scientech-revives-ipo-after-policy-move-brightens-its-prospects/ Wed, 21 Sep 2022 04:13:01 +0000 https://thebambooworks.com/?p=9380 China’s leading supplier of congenital heart disease devices made its third filing earlier this month for a Hong Kong IPO Key Takeaways: After taking its Lepu Biopharma unit public in February, Lepu Medical is pressing ahead with a third attempt at listing is Lepu ScienTech unit in Hong Kong China’s healthcare regulator has said it.....

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3D Medicines Bleeds Red Ink As It Struggles to Swim in ‘Red Ocean’ https://thebambooworks.com/3d-medicines-bleeds-red-ink-as-it-struggles-to-swim-in-red-ocean/ Fri, 29 Jul 2022 05:44:19 +0000 https://thebambooworks.com/?p=8067 The loss-making innovative oncology drug company with just one approved product on the market is making a third tilt for a listing on the Hong Kong Stock Exchange Key Takeaways: 3D Medicines competes for a share in an already hotly contested and very small market, potentially dimming its appeal to investors The company lost 1.46.....

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With Zero Revenue, Laekna Plays Chicken-And-Egg Game With Investors https://thebambooworks.com/with-zero-revenue-laekna-plays-chicken-and-egg-game-with-investors/ Fri, 24 Jun 2022 08:09:51 +0000 https://thebambooworks.com/?p=7311 The biotechnology company, which is facing ballooning losses without any revenue like many of its peers, has filed for an IPO in Hong Kong Key Takeaways: Laekna is seeking a Hong Kong IPO to raise funds to accelerate the commercialization of two core products licensed from Novartis The company currently is not generating any sales,.....

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