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<IPO>BioMap, Founded by Robin Li, Confidentially Files for HK Listing Worth Hundreds of Millions Dollars: Wire
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BioMap, backed by BIDU-SW (09888.HK), has confidentially filed for a listing in Hong Kong, Bloomberg reported, citing sources. It is expected that the company will go public this year, with an aim to raise a few hundred million dollars. Founded in 2020 by BIDU-SW's co-founder Robin Li and Baidu Ventures's CEO Liu Wei, BioMap is a company developing an AI system capable of simulating and improving biological mechanism prediction, which is expected to enhance the efficiency and success rate of drug development. AAStocks Financial News |
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