by Richard Daverman, PhD and Henry Ye
January 7, 2013 -- Shanghai Fosun Pharma continued to execute on its growth-by-acquisition strategy by paying $93 million for a 78% stake in Hunan Dongting Pharmaceutical Co., a company that makes CNS and hemostatic drugs. Donging’s major product is quetiapine fumarate, marketed in global markets as Seroquel, an AstraZeneca treatment for schizophrenia and bipolar disorder. More details....
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