News | News By Subject | News by Disease News By Date | Search News
Get Our FREE
Industry eNewsletter
email:    
   

China Grand Pharma Forms JV With HuangShi Feiyun Pharma


2/26/2013 11:04:38 AM

by Richard Daverman, PhD

February 25, 2013 -- China Grand Pharmaceutical and Healthcare will form a JV with HuangShi Feiyun Pharma that will be capitalized with $20 million. China Grand Pharma will contribute $12 million while HuangShi Feiyun will purchase the remaining 40% with $8 million. HuangShi Feiyun is an oncology drug and anti-viral medicines company located in Hubei Province. Its products will be the basis of the new JV and will serve to expand China Grand Pharma’s portfolio. More details....

Stock Symbol: (HK: 00512)


Read at ChinaBio Today

comments powered by Disqus
   

ADD TO DEL.ICIO.US    ADD TO DIGG    ADD TO FURL    ADD TO STUMBLEUPON    ADD TO TECHNORATI FAVORITES