Lemon Healthcare is strong on its first day of KOSDAQ trading, far above the offer price.
As of 9:20 a.m. on the 6th, Lemon Healthcare is trading on KOSDAQ at won, up 5,250 won (52.50%) from the offer price (10,000 won).
Lemon Healthcare is a medical data brokerage platform that connects medical institutions, patients, insurers and pharmaceutical companies. It holds as its core technology its own platform, "LDB (Lemon Digital Bridge)," which standardizes different hospital medical data and links them in real time.
Based on this technology, the company provides smart hospital services, data linkage for insurers and public institutions, and medical mydata services. Its main services consist of LDB-H, a smart hospital platform; LDB-E, applied to the Korea Insurance Development Institute's "Silson 24"; and LDB-D, a personalized service based on medical mydata.
Through this initial public offering (IPO), Lemon Healthcare plans to invest the funds raised in building a distribution and trading infrastructure for AI training medical data, advancing existing services, developing new services and expanding global operations.
Earlier, in book-building for institutional investors, Lemon Healthcare fixed the offer price at 10,000 won, the top of the desired band (7,500–10,000 won), with a competition ratio of 1,238 to 1. In the subsequent retail subscription, it recorded a competition ratio of 1,511 to 1 and collected about 3.7764 trillion won in deposits.