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[THE INVESTOR] Green Cross LabCell Corp. – a Green Cross affiliate that develops drugs for fighting incurable diseases – has officially priced its initial public offering at 18,500 won ($15.70), which is higher than previously indicated ranges, the company said on June 13.
Green Cross LabCell will raise 37 billion won with the IPO. The market capitalization of the firm is expected to reach around 195.2 billion won.
The firm, which is one of Green Cross’ health care arms, developed MG4101, an allogeneic natural killer cell line.
By Kim Ji-hyun (jemmie@heraldcorp.com)
Green Cross LabCell will raise 37 billion won with the IPO. The market capitalization of the firm is expected to reach around 195.2 billion won.
The firm, which is one of Green Cross’ health care arms, developed MG4101, an allogeneic natural killer cell line.
By Kim Ji-hyun (jemmie@heraldcorp.com)
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Articles by Korea Herald
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