Refocus On China: Ark Bio Evolves As It Plans Shanghai Listing

Eyes R&D In Less Crowded Sectors

Shanghai-based Ark Biosciences has expanded its pipeline from the RSV-targeting drug ziresovir, licensed from Roche, to pediatric and fibrosis treatments, where there are largely untapped opportunities in China. In a strategy shift, the company is betting on the domestic market instead of going global.

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Ark Biosciences refocuses on hometurf, aiming for Shanghai IPO • Source: Shutterstock

Chinese biotechs once aspired to launching their products in the US and listing on Nasdaq as their ultimate achievements, but now many are turning more attention to their home turf and the Shanghai Stock Market as the preferred listing venue to raise funds.

Shanghai-based Ark Biosciences, China's front-runner in respiratory syncytial virus (RSV) fusion protein inhibitor development, has turned its attention to refocusing on China, noted Brian Dazhou Yang, vice-president of Corporate...

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