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COVID-19 Vaccine Update South Korea Market

SK Bioscience scores big debut, opening at doubled price, closing at daily high2021.03.18 11:39

Sumary of SK Bioscience scores big debut, opening at doubled price, closing at daily high2021.03.18 11:39:

  • Which made records in IPO subscription made equally stunning debut on Thursday, opening at doubled price and finishing its first day at the daily ceiling to become 28th on the Kospi with market cap of around 13 trillion won ($11.6 billion)…
  • It is consigned to produce Covid-19 vaccines of AstraZeneca and Novavax, as well as has its own vaccine candidates under clinical trial…
  • The double win on the debut day after IPO priced at the top end was widely expected given the record retail deposits of 63.6 trillion won to subscribe to the new share…
  • The stock will be watched if it can beat its sister SK Pharmaceuticals that kept up a hot streak of gaining by the daily permissible limit in the following days when it debuted in July last year….

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