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Shenzhen Hepalink Buys US Heparin API Maker for $338 Million

publication date: Dec 27, 2013
Shenzhen Hepalink Pharma will acquire Scientific Protein Laboratories, a US maker of APIs, for $337.5 million plus undisclosed contingency payments. Both companies produce API for the anticoagulant heparin. SPL harvests heparin from pig’s intestines in the US, Canada and Changzhou City, China. Hepalink said the acquisition will broaden its distribution network. More details....

Stock Symbol: (SHE: 002399)

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