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Week in Review: Cellular Biomedicine of China to Reverse Merger in US
publication date: Jan 5, 2013
author/source: Richard Daverman, PhD
Cellular Biomedicine Group (CBMG), a China-based regenerative medicine company, will conduct a reverse merger with EastBridge Investment Group (OTCQB: EBIG) (see story). EastBridge is a
Sichuan Kelun Pharma (SHE: 002422) will spend $135 million to purchase a 12.3% stake in Lijun International Pharma (HK: 2005) (see story). Both companies are involved in the IV drug market in
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