Alamar Biosciences surged 29.41% on its first trading day after listing on the US stock market on Friday.
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The company manufactures medical devices used to detect protein biomarkers for disease diagnosis, capable of detecting and quantifying more than 100 protein biomarkers in a single sample with a minimum required biological fluid volume of just 10 microliters. According to the prospectus, the company’s largest shareholder is the Chinese venture capital firm Qiming Venture.
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