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Bayer Buys Dihon, a China OTC/TCM Pharma

publication date: Feb 27, 2014
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Bayer AG will acquire Dihon Pharmaceutical Group of China, a privately held company that makes OTC and TCM products. Bayer said Dihon had revenues of $168 million in 2013. Analysts estimated Bayer may have paid as much as $680 million for its latest acquisition, though the purchase price was not disclosed. Dihon is located in southwest China’s Yunnan province. More details....

Stock Symbol: (XETRA: BAYN)

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