$LAHO..BIO SHARES SURGE..Co-founder..Kawanishi..now worth more than $1 billion !
..Japan Biotech Stock Rockets 155% After Brain Breakthrough ..“The markets they are targeting are quite big and they are addressing a clear unmet medical need," said Praveen Kumar, a fund manager who specializes in Japanese equities at Baillie Gifford & Co. and took a stake SanBio about three years ago. He still sees “huge potential" for the shares.
..Biotech companies have repeatedly tapped equity markets this year to take advantage of investor demand. Moderna Inc. went public this week, raising about $604 million.