July 1, 2011 -- Harbin Gloria Pharma's impending deal to acquire Heilongjiang Dilong Pharma has fallen apart. Earlier this week, the two companies seemed ready to tie a knot, with only the price of the transaction remaining an issue. It didn’t help that a third company, as yet unnamed, joined the bidding process and apparently topped Gloria’s offer. Gloria was seeking to buy a 51% stake in Dilong. More details....
Stock Symbol: (SHE: 002437)
