JW Therapeutics floats $300m Hong Kong IPO, targets China's first CAR-T approval

JW Therapeutics floats $300m Hong Kong IPO, targets China's first CAR-T approval

Source: Science in HD/Unsplash

Chinese cell therapy developer JW Therapeutics has raised HK$2.325 billion (nearly $300 million) in an initial public offering (IPO) in Hong Kong, on Tuesday, to finance the firm’s efforts to obtain China’s first CAR-T product approval.