This is the business im Kate Ferguson thanks for joining me it was a hockley on to suppose that i. P. O. And it turns out to have been as lucrative as analysts expected German Biotech Company cura bank has made well over 200000000. 00 in its debut on the not Stock Stock Exchange giving it a total value of a buy 2800000000. 00 the for firm is working on a cope at 19 vaccine and wants to use the funds to pay for Clinical Trials. For more lets bring in Business Correspondent yan squad to yes how much of a boost is this for a cure back. Well its clearly helpful i mean a good 200000000. 00 that is very promising and it was a very good start to your image on manhattan. The stock up by 250 percent so it more than tripled in the 1st trading day but youre of it already said that there. Going to need more money and probably hundreds of millions of dollars maybe from a safety cofounder a deeper hole pool is one of the big investors in a cure a victim also of the bill and Melinda Gates foundation
To do good. To. Discover who. Subscribe to. Documentary to. The for. The rights for a covert 19 vaccine German Biotech Company goes public in a bid to raise cash for Clinical Trials u. S. President donald trump is among those will be keeping a close eye on the companys progress. Also coming up the United States and china are prepared to resume trade talks the backdrop of global content mccown washingtons threat to bomb social media giant to talk. To agriculture is the backbone of the kenyan economy. But rules on Pesticide Use means lots of its products use contre be sold in the European Union. This is the business im Kate Ferguson thanks for joining me it was a hotly anticipated patient i. P. O. And it turns out to have been as lucrative as analysts expected German Biotech Company has made well over 200000000 dollars in its debut on the nonstock Stock Exchange the firm is working on a covert 19 vaccine and wants to use the funds to pay for Clinical Trials. For 20 years from its hitch q