firstwordpharmaMarch 13, 2017
Fosun Pharmaceutical sought to rebut media reports that it is considering submitting a bid for Stata Arzneimittel, StreetInsider reported Friday.
Recent reports indicated that Fosun could submit an offer for Stada worth 3.6 billion euros.
Meanwhile, the Chinese drugmaker contended that it has not made arrangements or plans to submit an offer for Stata.
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