Daily BriefsQuantitative Analysis

Daily Brief Quantitative Analysis: TeNor Therapeutics (丹诺医药) Pre-IPO Quick Comment: Strong Innovation Constrained by Commercial Outlook and more

In today’s briefing:

  • TeNor Therapeutics (丹诺医药) Pre-IPO Quick Comment: Strong Innovation Constrained by Commercial Outlook


TeNor Therapeutics (丹诺医药) Pre-IPO Quick Comment: Strong Innovation Constrained by Commercial Outlook

By Ke Yan, CFA, FRM

  • TeNor Terapeutics, a China-based clinical-stage biotech company, is looking to raise at least USD 100 million via a Hong Kong listing. CITIC and ABCI are the joint book runners.
  • In this note, we look at the company’s core products, rifasutenizol, rifaquizinone, and TNP-2092, and assess the selling point around the core product.
  • We also look at the company’s pre-IPO investors and management team.

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