Recbio First Biotech To Brave A Hong Kong IPO In 2022

mRNA Contender For Omicron?

Chinese vaccine maker Recbio hopes an IPO in Hong Kong will bring investor attention to its mRNA COVID vaccine with potential against the Omicron variant.

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Recbio’s IPO filing notable given share falls for Hong Kong-listed biotechs • Source: Alamy

Chinese vaccine producer Jiangsu Recbio Technology Co., Ltd. is set to kick off the 2022 biotech initial public offerings on the Hong Kong Stock Exchange, as it seeks new funding for its business activities and pipeline development.

Amid surging global infections of the Omicron variant, the Taizhou, Jiangsu-based company hopes to highlight its COVID-19 vaccine candidates, including...

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