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12
July
2019
12th July 2019
 

Fosun Pharma picks up GSK plant in China along with rights to make Epivir generic

Even as GlaxoSmithKline has opened its most advanced manufacturing site in Asia, it is selling an older plant in China to Shanghai Fosun Pharmaceutical. 


 Fosun Pharma announced that it has a deal with GSK to buy its Suzhou pharmaceutical factory in east China near Shanghai for ¥250 million ($36 million), China.org reports. Fosun, among China’s largest drugmakers, said the plant produced revenue of  ¥656.1 million ($94.4 million) last year. 
 
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17
August
2017
17th August 2017
 

China's Fosun, Shanghai Pharma circle Georgia drugmaker Arbor for U.S. beef-up

Fosun Pharma and Shanghai Pharma, the two Chinese companies previously rumored to be eyeing generics maker Stada, are back on the M&A radar. And rather than publicly denying their deal interest this time, the two have confirmed offers for U.S. drugmaker Arbor Pharma.
 
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