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LianBio Gets Chinese Biotech US IPOs Rolling Again But Followers Scant

Health Players Turn Inward-Looking

 
• By Brian Yang

Billed as BridgeBio in China, US-based and China-oriented biotech LianBio breaks a long hiatus in US listing for Chinese biotechs.

Nasdaq ipo
LIANBIO IPO STARTS CHINESE US IPOS ROLLING AGAIN BUT FOLLOWERS MAY BE SCANT • Source: Alamy

With a name indicating linkage and connection, China-focused LianBio has become the first health player to ring the bell at the US Nasdaq market after a long drought for initial public listings from China.

The Shanghai- and Princeton, NJ-based company floated on the exchange on 1 November, raising $325m after pricing its shares at...

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