Takeda-backed Ascentage Pharma aims to raise $126 mln in US IPO-February 2024-www.financetom.com

Takeda-backed Ascentage Pharma aims to raise $126 mln in US IPO

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Takeda-backed Ascentage Pharma aims to raise $126 mln in US IPO

Jan 23, 2025 4:17 PM

Jan 23 (Reuters) - Ascentage Pharma ( ASPHF ) said on

Thursday it aims to raise $126.4 million in an initial public

offering in the U.S., becoming the first sizeable Chinese firm

to seek a listing in the United States this year.

(Reporting by Gursimran Kaur in Bengaluru; Editing by

Subhranshu Sahu)

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