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Abbisko Completes HK$523 Million Share Offering

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-- Abbisko (HKG:2256) completed a HK$522.5 million share offering, according to a Hong Kong bourse filing Tuesday.

The drug company's shares fell over 2% in afternoon trade Wednesday.

The firm sold 42.9 million shares priced at HK$12.18 each to raise funds for the research and development of cancer and non-cancer drug candidates.

The shares represent 5.99% of the company's enlarged share capital.

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