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Fosun Pharma Invests $35 Million in Amerigen Pharma

publication date: Jan 9, 2015
Fosun Pharma will invest $35 million in Amerigen Pharma, a US-China maker of hard-to-manufacture generic drugs. Amerigen said it would use the capital to build its drug portfolio through internal R&D and business development. The two companies already have a relationship: in 2012, Amerigen partnered with Shanghai Fosun Omni Pharma to develop controlled-release oral generic products, which Amerigen planned to market in the US. More details....

Stock Symbols: (SHA: 600196; HK: 02196)

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