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Industry

U.S. biotech Axiom chooses Hong Kong over Nasdaq for first listing

U.S. biotech Axiom Biosciences has chosen Hong Kong, not a U.S. exchange, for its first stock market listing. The San Diego-based company is pursuing a Hong Kong listing in 2027 and is considering a secondary U.S. listing in 2029. Axiom expects Hong Kong to provide access to specialist biotech investors and expand cooperation with Asian clinical trial and commercialization partners amid shifting global biotech financing conditions.

Industry

South Korean students win medals at international biology and chemistry Olympiads

All members of South Korea’s delegations won medals at the International Biology Olympiad and the International Chemistry Olympiad. The Ministry of Science and ICT and the Korea Foundation for the Advancement of Science and Creativity said four South Korean students won gold at the biology Olympiad in Vilnius, Lithuania. At the chemistry Olympiad in Tashkent, Uzbekistan, South Korea’s team won 2 golds, 1 silver and 1 bronze.

AI & Enterprise

Dassault Systemes in talks to buy ArisGlobal for $2 billion - FT

France\'s Dassault Systemes is in talks to buy clinical trial software company ArisGlobal from Nordic Capital in a deal valued at about $2 billion, the Financial Times reported on Wednesday, citing sources familiar with the matter. The report said the deal has not been finalised and the negotiations could still fall apart. The move is part of Dassault Systemes\' expansion into life sciences software.