Daily BriefsIndia

Daily Brief India: Anthem Biosciences and more

In today’s briefing:

  • Anthem Biosciences IPO Trading – Robust Insti Coverage Drives Overall Demand


Anthem Biosciences IPO Trading – Robust Insti Coverage Drives Overall Demand

By Akshat Shah

  • Anthem Biosciences (1234D IN) raised about US$397m in its India IPO.
  • Anthem Biosciences (ABS) is a contract research, development and manufacturing organisation (CRDMO) with fully integrated operations spanning drug discovery, development, and manufacturing.
  • We have looked at the company’s past performance in our previous notes. In this note, we will talk about the peer comp and IPO valuations.

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