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flag Everest Medicines plans to raise $200M to boost AI+mRNA research and product launches.

flag Everest Medicines, a biopharmaceutical company based in Hong Kong, plans to raise around HK$1.57 billion (US$200 million) through a share placement. flag The funds will be mainly used for research and development (50%), commercialization efforts (40%), and working capital (10%). flag The placement, well-supported by international funds, will help accelerate the development of its AI+mRNA platform and the launch of new products.

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