Yifan Pharmaceutical plans to acquire Hong Kong-based pharmaceutical products distributor NovoTek Pharmaceuticals for CNY136m ($20.6m).
The Chinese pharmaceutical company will complete the acquisition through its subsidiary Billion-Fan International Pharmaceutical.
BioClinica has acquired research image management company MDDX.
BioClinica is a US-based pharmaceutical company and subsidiary of Cinven.
The transaction allows BioClinica to combine its scientific and medical imaging with MDDX’s advanced image management cloud technology.