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Zhejiang Hisun Floats $153 Million of Bonds to Build Finished Drug Facility

publication date: Jul 25, 2013
Zhejiang Hisun Pharma will offer convertible bonds with a face value of up to 936 million RMB ($152.6 million). The company will use the money to build a manufacturing facility that will make finished drugs, in both solid form and injections. Hisun said the construction will move it further away from its traditional focus on APIs to become a pharmaceutical company with a broad range of offerings. More details....

Stock Symbol: (SHA: 600267)

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