BioCentury
ARTICLE | Financial News

SanBio falls on first trading day

April 8, 2015 11:58 PM UTC

Cell therapy company SanBio Co. Ltd. (Tokyo:4592) fell Y227 (11%) to Y1,773 in its first day of trading Wednesday after raising Y8 billion ($67.2 million) through the sale of 4 million shares at Y2,000 in an IPO. SanBio ended the day with a market cap of Y77.3 billion ($649.6 million) (see BioCentury Extra, April 3). ...