Did you know?

ChinaBio® Group is a consulting and advisory firm helping life science companies and investors achieve success in China. ChinaBio works with U.S., European and APAC companies and investors seeking partnerships, acquisitions, novel technologies and funding in China.  

Learn more >>

Free Newsletter

Have the latest stories on China's life science industry delivered to your inbox daily or weekly - free!

See preview >>

  Email address:
   

Time Runs Out on Bayer-Topsun Deal

publication date: Feb 28, 2008

Topsun Technology (SHA: 600771) said its agreement with Bayer AG of Germany (XE: 575200) has expired. On October 25, 2006, Bayer agreed to pay 1.072 billion RMB (currently equivalent to $146 million) for the White and Black Brand of OTC drugs from Topsun, which includes three cold remedies: Bai Jia Hei, Xiao Bai, and Xin Li. The deal was subsequently approved by China’s Ministry of Commerce on October 17, 2007, almost one year after being announced. More details...

Stock Symbols: (SHA: 600771) (XE: 575200)



Sorry this page is available to subscribers only.
If you're not a subscriber why not subscribe today?

If you are already a subscriber, please login.

If you believe you should have received this message in error, please contact us.


 

To gain access to the members only content click here to subscribe.

You will be given immediate access to premium content on the site.

Upcoming Events

ChinaBio® Partnering Forum
September 10–11, 2024 | Shanghai, China
Register here

BIO-Europe®
November 4–6, 2024 | Stockholm, Sweden
Save €900 before September 13!
Register here

Biotech Showcase™
January 13–15, 2025 | San Francisco, CA
Save $600 before September 27!
Other Relevant Events

Antibody Engineering & Therapeutics Asia
October 21–23, 2024 | Kyoto, Japan
Save 30% with code CHINABIO30!
Register here