On September 23, 2020 Genor Biopharma, a Shanghai company, reported that it is conducting a Hong Kong IPO that could raise up to $370 million (Press release, Genor Biopharma, SEP 23, 2020, View Source [SID1234565542]). The company is developing a clinical-stage portfolio of 14 mAbs and recombinant fusion proteins, a combination of novel drugs and biosimilars that target indications in cancer, metabolic and autoimmune diseases. Its PD-1 molecule is currently in four pivotal Phase II trials. In June, Genor completed a $160 million Series B financing led by Beijing’s Hillhouse Capital Group.

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