
TenNor Therap-B
06872 · HKEXDano Pharmaceutical is a biotechnology company approaching the commercialization stage, focusing on the discovery, development and commercialization of differentiated innovative pharmaceutical product…
IPO Timeline
- OpenMay 16
- CloseMay 18
- AllotmentMay 20
- PaymentMay 22
- ListingMay 22
Key Facts
Issue Price
HKD 75.70
Min Entry Fee
HKD 3,823.17
Shares Issued
8.28M
Lot Size
50
Total Raise
HKD 626.8M
Estimated Market Cap
HKD 3.92B
Public Allocation
10.0%
International Placement
90.0%
Business Overview
Dano Pharmaceutical is a biotechnology company approaching the commercialization stage, focusing on the discovery, development and commercialization of differentiated innovative pharmaceutical products to address unmet clinical needs in the fields of bacterial infections and bacterial metabolism‑related diseases.
Use of Proceeds
1、71.0% or approximately HK$395.7 million will be used for the research, development, registration filing and commercialisation of the Company’s core products;
2、7.0% or approximately HK$39.2 million will be used to fund the research and development of the oral formulation of TNP‑2092;
3、7.3% or approximately HK$40.9 million will be used for the research and development of other candidate products of the Company;
4、7.2% or approximately HK$40.2 million will be used for the construction of the Company’s own manufacturing plant;
5、7.5% or approximately HK$41.8 million will be used as working capital and for other general corporate purposes.
Sponsor Track Record
| Name | Past Deals | First Day Avg % | Break Rate % | 30-Day Avg % |
|---|---|---|---|---|
| 中金香港 | 28 | 12.4 | 21.4 | 8.6 |
| 中信里昂 | 19 | 9.7 | 26.3 | 5.1 |
| 建银国际 | 14 | 6.2 | 35.7 | 1.8 |
Baseline updated: 2026-04-15
Intermediaries & Documents
Sponsors
- 中信证券(香港)有限公司
- ABCI Capital Limited
Underwriters
- CLSA Limited
- ABCI Securities Company Limited
- China Renaissance Securities (Hong Kong)
- Futu Securities International (Hong Kong)
- Tiger Brokers (HK) Global Limited
Prospectus PDF
Prospectus PDF →Cornerstone Investors
- AMR Action Fund, L.P.
- 华圆管理咨询(香港)有限公司
- AMR Action Fund, SCSp
- 东方资产管理(香港)有限公司
- 骏升环球有限公司
Total
0
37.3% of placement
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