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Hyphens Pharma opens at above IPO price on Catalist debut

In print this week

Hyphens Pharma opens at above IPO price on Catalist debut

Benjamin Cher Published on Fri, May 18, 2018 / 12:22 PM GMT+8

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SINGAPORE (May 18): Hyphens Pharma International, the latest healthcare stock making it Catalist debut this morning, opened at 30 cents, 15.4% higher than its IPO price of 26 cents.

As at 11.59am, the stock was trading at 28.5 cents with some 17.4 million shares changing hands.

Hyphens Pharma has three income streams. One is the specialty pharmaceutical segment involved in the selling and marketing of specialty pharmaceutical products from brands such as Guerbet and Bausch+Lomb.