Another Chinese property developer said Monday it had defaulted on a major bond repayment, citing liquidity problems amid a government crackdown on the debt-laden sector. China’s real estate industry — a key growth driver in the world’s second-largest economy — has cooled in recent months after Beijing tightened home buying rules and launched a regulatory …
Chinese Developer Misses Major Bond Repayment Of $179 Million Read More »
FILE PHOTO: Eli Lilly logo is shown on one of the company’s offices in San Diego, California, U.S., September 17, 2020. REUTERS/Mike Blake December 15, 2020 (Reuters) -Drugmaker Eli Lilly and Co said on Tuesday it would spend about $1 billion to buy Prevail Therapeutics Inc to strengthen its presence in the lucrative field of …
December 7, 2020 (Reuters) – Peter Thiel-backed biotech developer AbCellera Biologics Inc, which has partnered with Eli Lilly for its COVID-19 antibody drug, said on Monday it expects to raise up to $391 million in its initial public offering (IPO). AbCellera plans to sell 23 million shares priced between $14 and $17 apiece, it said …
Thiel-backed therapy developer AbCellera looks to raise up to $391 million in IPO Read More »
