ChinaDaily Briefs

Daily Brief China: Duality Biotherapeutics and more

In today’s briefing:

  • Pre-IPO Duality Biotherapeutics – Has the Potential to Surpass RemeGen


Pre-IPO Duality Biotherapeutics – Has the Potential to Surpass RemeGen

By Xinyao (Criss) Wang

  • Founder Zhu Zhongyuan is a key figure in biotech landscape.So, when Duality first started its entrepreneurial financing, the process was smooth and the starting point of Duality was not low.
  • The R&D progress of Duality’s pipelines is slower than competing candidates, so they would be in a passive position after market launch. So, Duality’s valuation would be lower than Kelun Bio.
  • Duality’s pipeline still has “good stories” to tell. There’s a chance its valuation could be higher than RemeGen, whose business model/investment logic have been falsified due to weak sales data.

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