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M&As this week: Guanhao Biotech, Cancer Genetics, Alvogen

pharmaceutical-technologyAugust 21, 2017

Tag: Guanhao Biotech , Cancer Genetics , Alvogen

M&As this week: Guanhao Biotech, Cancer Genetics, Alvogen - Pharmaceutical Technology

 

Chinese biotechnology company Guanhao Biotech plans to acquire a 53.4% stake in two pharmaceutical companies based in China for CNY266m ($39.95m).

US-based pharmaceutical company Cancer Genetics Inc (CGI) plans to acquire Australian preclinical oncology services provider vivoPharm for $12m. The acquisition is expected to strengthen CGI’s business.

South Korean pharmaceutical company Alvogen plans to acquire Russian pharmaceutical firm Omega Bittner from Irish healthcare company Perrigo Company.

The acquisition will strengthen Alvogen’s business in Russia.

Previous:Cadila Pharma observes ‘Swachhta Pakhwada’

Next:Cancer Research UK and Newcastle University extend drug discovery partnership with Astex

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