Luye Pharma Group Ltd has announced its acquirement of the entire issued share capital of Acino AG and Acino Supply AG for a purchase consideration of $268.8m.

The acquisition is expected to be completed in the second half of 2016.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

The transaction will allow Luye Pharma to improve its international approach and gain access to boarder therapeutic areas and will help Acino AG to grow in its key market.

China Resources Sanjiu Medical & Pharmaceutical Co. Ltd has announced to acquire Kunming Shenghuo Pharmaceutical for a purchase consideration of $282.67m.

The company will fund the entire costs associated with the acquisitions through its own funds.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.