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China Grand Pharma Pays $17 Million for Wuhan Kernel Biotech

publication date: Sep 23, 2011
China Grand Pharmaceutical and Healthcare Holdings will pay 110 million RMB ($17.2 million) to acquire an 81% stake in Wuhan Kernel Biotechnology. Wuhan Kernel develops and sells bio-pesticides (most of which are exported) and feed additives. China Grand Pharma, headquartered in Hong Kong, makes drugs and APIs in its PRC-based subsidiaries, with a specialty in cardiovascular and ophthalmology drugs. More details....

Stock Symbol: (HK: 0512)     Share this with colleagues:  

 


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