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PKU Southwest Synthetic Pharma to Acquire 100% of Distribution Subsidiary

publication date: Jun 16, 2011
PKU Southwest Synthetic Pharmaceutical received regulatory permission to issue 9.4 million shares to acquire the remainder of an affiliate, Beijing Pharmaceutical. Both companies are affiliated with the Founders Group, a high-tech conglomerate formed by Peking University in 1986. It is thought that Founders Group is gradually moving all of its pharmaceutical assets into PKU Southwest. Beijing Pharmaceutical is a drug distribution company based in Beijing. More details....

Stock Symbol: (SHE: 000788)     Share this with colleagues:  

 


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