ARTICLE | Financial News

Chiome off in trading debut

December 21, 2011 1:52 AM UTC

Antibody company Chiome Bioscience Inc. (Tokyo:4583) was off Y350 (13%) to Y2,350 in its first day of trading on Tuesday on the Tokyo Stock Exchange's market of the high-growth and emerging stocks (Mothers). Earlier this month, the company raised Y507.6 million ($6.5 million) through the sale of 188,000 shares at Y2,700 per share in an IPO (see BioCentury, Dec. 12). ...