In today’s briefing:
- Pre-IPO Duality Biotherapeutics – Has the Potential to Surpass RemeGen
Pre-IPO Duality Biotherapeutics – Has the Potential to Surpass RemeGen
- 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.