{"id":3825,"date":"2024-05-14T21:26:36","date_gmt":"2024-05-14T13:26:36","guid":{"rendered":"https:\/\/flcube.com\/?p=3825"},"modified":"2024-11-23T13:43:08","modified_gmt":"2024-11-23T05:43:08","slug":"protein-drug-developer-bk-co-ltd-from-qingdao-eyes-hong-kong-ipo","status":"publish","type":"post","link":"https:\/\/flcube.com\/?p=3825","title":{"rendered":"Protein Drug Developer B&amp;K Co., Ltd from Qingdao Eyes Hong Kong IPO"},"content":{"rendered":"\n<p>B&amp;K Co., Ltd, known as Bio-Bank Corp., a biopharmaceutical company specializing in protein drug development and headquartered in Qingdao, has filed for an initial public offering (IPO) on the Hong Kong Stock Exchange. The company&#8217;s IPO details, including pricing, have not yet been disclosed. Since its establishment in 2012, B&amp;K has focused on research and development (R&amp;D) of multifunctional therapeutics for wound healing, with platelet-derived growth factor (PDGF) drugs at the forefront. Its core products, Pro-101-1 and Pro-101-2, which are recombinant human PDGF-BB (rhPDGF-BB) drugs, are currently undergoing Phase II and Phase IIb clinical trials for the treatment of burns and diabetic foot ulcers, respectively.<\/p>\n\n\n\n<p>In 2022 and 2023, B&amp;K reported financial losses of RMB 85.93 million and RMB 105 million, accompanied by R&amp;D expenses of RMB 34.8 million and RMB 39.9 million for the respective years. As of December 31, 2023, the company&#8217;s cash and cash equivalents stood at RMB 241.5 million.- <a href=\"https:\/\/flcube.com\">Flcube.com<\/a><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>B&amp;K Co., Ltd, known as Bio-Bank Corp., a biopharmaceutical company specializing in protein drug development&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"googlesitekit_rrm_CAownpewDA:productID":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[7,10],"tags":[2284,2285,72],"class_list":["post-3825","post","type-post","status-publish","format-standard","hentry","category-company","category-deals","tag-bk-corporation","tag-bio-bank-corp","tag-ipo"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.6 (Yoast SEO v27.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Protein Drug Developer B&amp;K Co., Ltd from Qingdao Eyes Hong Kong IPO - Insight, China&#039;s Pharmaceutical Industry<\/title>\n<meta name=\"description\" content=\"B&amp;K Co., Ltd, a biopharmaceutical company specializing in protein drug development and headquartered in Qingdao, has filed for an initial public offering (IPO) on the Hong Kong Stock Exchange. 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Its core products, Pro-101-1 and Pro-101-2, which are recombinant human PDGF-BB (rhPDGF-BB) drugs, are currently undergoing Phase II and Phase IIb clinical trials for the treatment of burns and diabetic foot ulcers, respectively.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/flcube.com\/?p=3825\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Protein Drug Developer B&amp;K Co., Ltd from Qingdao Eyes Hong Kong IPO\" \/>\n<meta property=\"og:description\" content=\"Navigate the complexities of China\u2019s pharmaceutical industry with precision and clarity. FLCUBE delivers reliable data, news, and intelligence to broaden your horizons and sharpen your decision-making. 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