Backing from BioNTech powers ADC specialist DualityBio toward $200M Hong Kong IPO

Duality Biologics has begun offering stock, wading into a market routed by Trump’s tariffs in pursuit of up to 1.56 billion Hong Kong dollars ($200 million) to fund its antibody-drug conjugate pipeline. Backers including BioNTech have committed around one-third of the targeted IPO haul.

Apr 7, 2025 - 14:54
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Backing from BioNTech powers ADC specialist DualityBio toward $200M Hong Kong IPO
Duality Biologics has begun offering stock, wading into a market routed by Trump’s tariffs in pursuit of up to 1.56 billion Hong Kong dollars ($200 million) to fund its antibody-drug conjugate pipeline. Backers including BioNTech have committed around one-third of the targeted IPO haul.