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November 10, 2017

M&As this week: Yifan Pharmaceutical, BioClinica

Yifan Pharmaceutical plans to acquire Hong Kong-based pharmaceutical products distributor NovoTek Pharmaceuticals for CNY136m ($20.6m).

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.

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