Bio-Thera IPO Raises $241m

Four-Fifths Of New Funds Earmarked For Development

Bio-Thera, which has just started selling China’s first adalimumab biosimilar rival to AbbVie’s top-selling arthritis treatment Humira, has raised $241m in an IPO on the Shanghai Stock Exchange.

IPO
Bio-Thera's IPO Has Raised $241m • Source: Shutterstock

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