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IVD Medical Holding Limited ( (HK:1931) ) just unveiled an announcement.
IVD Medical Holding Limited has entered into a strategic cooperation agreement with Transcenta Holding Limited to explore the RWA Tokenization of assets related to six innovative drug pipelines, valued at over US$1.5 billion. This collaboration signifies a significant milestone in integrating technology and finance, as it marks the formal entry of high-value innovative drug intellectual property assets into capital markets in the form of RWA. The initiative will focus on advancing these drug pipelines using cutting-edge technology platforms, potentially offering First-in-Class or Best-in-Class treatments in the oncology field.
The most recent analyst rating on (HK:1931) stock is a Hold with a HK$12.00 price target. To see the full list of analyst forecasts on IVD Medical Holding Limited stock, see the HK:1931 Stock Forecast page.
More about IVD Medical Holding Limited
IVD Medical Holding Limited is a company incorporated in the Cayman Islands, focusing on the healthcare industry. The company, along with its subsidiaries, is involved in the development and distribution of innovative medical solutions, particularly in the field of oncology.
Average Trading Volume: 2,569,851
Technical Sentiment Signal: Buy
Current Market Cap: HK$17.22B
See more data about 1931 stock on TipRanks’ Stock Analysis page.