MRTIS TechBio (Beijing) Co., Ltd., an AI-driven nanomedicine firm, has obtained regulatory clearance from the China Securities Regulatory Fee (CSRC) to pursue an abroad itemizing in Hong Kong.
The corporate plans to situation as much as 273 million shares, whereas 39 present shareholders will convert roughly 852 million home shares into tradable H-shares underneath a full-circulation scheme.
Based in 2020 by Dr. Hongmin Chen (U.S. Nationwide Academy of Engineering member) and MIT scientists Caidan Lai and Wenshou Wang, MRTIS focuses on AI-enabled nanomaterial innovation.
Its proprietary NanoForge platform helps large-scale lipid nanoparticle (LNP) design, with a database of tens of thousands and thousands of compounds. The platform permits focused supply to eight key organs and tissues, together with liver, lungs, and immune cells.
Its lead candidate, MTS-004, is the primary AI-enabled formulation drug in China to finish Section III trials. One other candidate, MTS-105, has obtained U.S. FDA orphan drug designation and is being developed as a possible first-in-class mRNA-encoded TCE remedy for strong tumors.
The corporate has raised greater than $350 million (≈ RMB 2.5 billion) from buyers together with XtalPi, HongShan, 5Y Capital, and China Life.
Supply：IPOzaozhidao
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