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Foci Pharma to IPO in Shenzhen


12/6/2011 7:45:26 AM

December 5, 2011 -- Lanzhou Foci Pharma will issue 20.2 million shares in its IPO on the Shenzhen Small and Medium Enterprise Exchange. The expected date is December 13th. The new shares will comprise 25% of the company’s post-IPO capitalization of 80.8 million shares. Founded in Shanghai in 1929, Foci Pharma mainly sells and distributes patented TCMs, although it also deals in western drugs and raw herbs. More details....

Stock Symbol: (SHE: 002644)


Read at ChinaBio Today

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