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Beijing SL Pharma Buys Stake in Forwell Biopharm

publication date: Dec 9, 2011
Beijing SL Pharmaceutical will invest 90 million RMB ($14 million) to buy new shares of Forwell Biopharm Co., giving Beijing SL an 18% stake in Forwell. Forwell’s major product is a human Adsorbed Rabies vaccine, which is administered before or after exposure to rabies. The transaction is the second investment Beijing SL has made in a vaccine company this year. More details....

Stock Symbol: (SHE: 002038)

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