Insilico Medicine listed on Hong Kong Stock Exchange, becoming first AI-driven biotech on HKEX Main Board under Chapter 8.05 rules. Raised HKD 2.277 billion ($293M)—largest biotech IPO in Hong Kong 2025. Public offering oversubscribed 1,427x, locking HKD 328B+ in subscription funds. Cornerstone investors: Eli Lilly, Tencent, Temasek, Schroders, UBS AM, Oaktree. Lead candidate rentosertib (TNIK inhibitor) in Phase IIb/III for IPF. Post-IPO allocation: 48% clinical R&D, 20% early discovery, 15% AI model development, 12% automated lab expansion.
Source