On November 20, 2020 Shanghai Antengene, a three-year old oncology company, reported that it completed a $340 million IPO in Hong Kong (Press release, Antengene, NOV 20, 2020, View Source [SID1234571518]). The company, which was originally backed by Celgene, said the offering was significantly oversubscribed . Antengene has built a portfolio of 12 first-in-class, only-in-class and best-in-class cancer therapies, six of which have begun clinical trials. It combines in-licensings with internal research. The company says it uses a synergistic approach to "unlock the full therapeutic potential" of its candidates.
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