Sichuan Kelun Pharma's Purchase of 20% Stake in Lijun International Pharma is Off

Published: Nov 04, 2013

free biotech news Get the latest biotech news where you want it. Sign up for the free GenePool newsletter today!

by Richard Daverman, PhD

November 1, 2013 -- Sichuan Kelun Pharmaceutical will not acquire a 20% stake in Lijun International Pharma (HK: 2005), a transaction that was previously announced in December of last year. No reason for the reversal was given. At the time of the original announcement, Kelun said it would pay $135 million to buy the stake from two major Lijun shareholders. More details....

Stock Symbol: (SHE: 002422)

Help employers find you! Check out all the jobs and post your resume.

Back to news