Beijing’s Immunotech Plans to Raise up to $200 Million in Hong Kong IPO

Immunotech Hong Kong IPO EAL
Published on: Sep 6, 2019

Immunotech Biopharm of Beijing has released its initial prospectus for a Hong Kong IPO, an offering expected to raise up to $200 million. The company’s lead product, EAL, consists of autologous CD8+ T cells activated and expanded ex vivo. EAL is currently being tested in a China Phase II trial in patients with post-surgical liver cancer. Immunotech, which hopes EAL will be ready for a 2021 launch, is also working on pre-clinical development of nine CAR-T candidates.

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