Manufacturing Industry
Sunstone Pharmaceuticals, the Chinese subsidiary of US speciality pharma concern BMP Sunstone, is acquiring a 75% holding in Zhangjiakou Shengda Pharmaceutical, a Chinese manufacturer of paediatric pharmaceuticals and specialising in antibiotic R&D, for around $4.4m
Chemistry and Industry, August 11, 2008 by Neil Eisberg
Sunstone (Tangshan) Pharmaceuticals, the Chinese subsidiary of US speciality pharma concern BMP Sunstone, is acquiring a 75% holding in Zhangjiakou Shengda Pharmaceutical, a Chinese manufacturer of paediatric pharmaceuticals and specialising in antibiotic R&D, for around $4.4m. The terms of the deal, which is expected to be closed during Q4 2008, have yet to be finalised.
Sunstone recently acquired a 63.3% holding in Shanghai Rongheng Pharmaceutical.
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