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JW Therapeutics Files for $300 Million Hong Kong IPO

publication date: Aug 17, 2020

JW Therapeutics, the JV formed by Seattle's CAR-T specialist Juno Therapeutics and China's WuXi AppTec, has posted its prospectus for a Hong Kong IPO. The company will bring Juno's CAR-T cell therapies to China, but it has expanded to include immunotherapy in-licensings from other companies as well. Last month, JW acquired Syracuse Biopharma, a Hong Kong cell therapy company. And the prospectus reveals JW will also acquire China rights to off-the-shelf natural killer cell therapy candidates from Taiwan’s Acepodia. JW is expected to raise between $200 million and $300 million in the offering. More details....

Stock Symbols: (SHA: 603259; HK: 2359)

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