Hansoh's huge IPO re-emerges, reports say
Chinese drugmaker Hansoh Pharmaceutical Group has re-filed its application for an initial public offering (IPO) in Hong Kong, according to sources quoted by Reuters.
Separate sources suggest that the firm is looking to raise totals raising from $500 million to $1 billion in the IPO, which comes after the previous application – filed in September – was allowed to lapse, for unknown reasons.
Hansoh’s research spreads into six therapeutic areas, namely oncology, neurology, diabetes, gastro-enterology, cardiovascular and infectious diseases.
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