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China GrandPharma In-Licenses Acetium Capsules from Finnish Company

publication date: Jan 10, 2013
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GrandPharma of China has licensed China rights to Acetium capsules from Biohit Oyj, a Finish pharmaceutical company. Acetium reduces the level of acetaldehyde, a carcinogen, in the GI tract. GrandPharma will manufacture and distribute the product in China, once SFDA approval has been granted, a process that will take about two years. The agreement includes a diagnostic kit that tests for excessive acetaldehyde. Financial details were not disclosed. More details....

Stock Symbol: (HK: 512)

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