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9.2
Biotech sector experiences IPO market recovery led by US firms
FDLO·US · DE · FR·about 19 hours ago
Axiom Biosciences plans a primary listing in Hong Kong to raise $200 million for AI-driven neonatal brain injury therapies, with a subsequent US secondary listing in 2029. The move highlights a trend of AI-focused medical firms seeking capital in Asian markets despite ongoing US-China geopolitical tensions.