Advertisement Simcere acquires 70% stake in Wuhu Zhong Ren Pharmaceutical - Pharmaceutical Business review
Pharmaceutical Business review is using cookies

ContinueLearn More
Close

Simcere acquires 70% stake in Wuhu Zhong Ren Pharmaceutical

Simcere Pharmaceutical Group has signed a definitive agreement to acquire a 70% equity interest in Wuhu Zhong Ren Pharmaceutical for a total cash consideration of RMB64.82 million.

This transaction is consistent with Simcere’s strategy to focus on first-to-market and innovative new drugs and expand its anticancer product portfolio.