The Taiwan Monthly

Jul. 2020

Listed Companies and Initial Public Offerings

Applied BioCode Corporation celebrated its listing on the TWSE on June 9, 2020

The Taiwan Stock Exchange was delighted to announce Applied BioCode Corporation (ABC-KY) open for trading on June 9, 2020. Since the foregoing company was newly listed after its initial public offering, there was no restriction on the price fluctuation for the first five trading days. The Taiwan Stock Exchange hosted a grand listing ceremony to welcome the IPO launcher under the stock code ”6598”.

 

Applied BioCode is incorporated in the Cayman Islands and operates in Los Angeles, California, USA. The company develops, manufactures and commercializes multiplex testing products. The company has combined "digital barcodes" with immunochemistry and molecular probes to create a new bio-inspired Barcoded Magnetic Beads (BMB) technology. Its main business market is in the US and Asia. 

 

For 2019, Applied BioCode’s consolidated revenue is NTD$ 104,694 thousand, net loss after tax attributable to owner is NTD$ 280,073 thousand and net loss after tax per share is NTD$4.36.

 

For further inquiries, please contact Mr. Chuang at 1020@twse.com.tw.