Regeneus leaps on debut

The biotechnology stock lifted to 29 cents from its IPO price of 25 cents, putting the company's market capitalisation at around $53.3 million.

Regeneus (RGS) has jumped 14% on its debut as investors welcome the first non-device biotechnology float in more than two years.

The stem cell firm leapt to 28.5 cents a share at first open on the Australian Securities Exchange, compared with its initial offer price of 25 cents a share. 

This puts the market capitalisation of Regeneus at around $53.3 million.


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