The Swiss drug maker said it plans to buy a majority stake in Chinese vaccines maker Zhejiang Tianyuan for around $125 million, as it seeks to boost its presence in the world's third-largest vaccines market.
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The Wall Street Journal examines "big pharma's growing interest in a corner of healthcare - emerging-market inoculations," in light of a recent move by Novartis to purchase an 85 percent stake in the Chinese vaccine maker...
The Wall Street Journal examines "big pharma's growing interest in a corner of healthcare - emerging-market inoculations," in light of a recent move by Novartis to purchase an 85 percent stake in the Chinese vaccine maker...
Novartis has reached an agreement to acquire an 85% stake in the Chinese vaccines company Zhejiang Tianyuan Bio-Pharmaceutical Co., Ltd. as part of a strategic initiative to build a vaccines industry ...
by: ChinaBio Today November 05, 2009 | about: ) continued its mega-investments in China by announcing it will spend $250 million to expand its global technical center in Changshu, and it will also pay $125 million to buy a 85%...
ChinaBio Today submits: Novartis (NYSE: NVS ) continued its mega-investments in China by announcing it will spend $250 million to expand its global technical center in Changshu, and it will also pay $125 million to buy a 85%...
Novartis AG's planned purchase of an 85% stake in a Chinese vaccine maker underscores big pharma's growing interest in a corner of healthcare?emerging-market inoculations?that previously offered little prospect of profit.
GEN News Highlights Novartis has negotiated a $125 million cash deal to purchase 85% of Chinese vaccines company Zhejiang Tianyuan BioPharmaceuticals. The announcement comes just 24 hours after Novartis confirmed plans for a...
Novartis's planned purchase of an 85% stake in Tianyaun underscores big pharma's growing interest in a corner of healthcare—emerging-market inoculations— that previously offered little prospect of profit.
The Swiss drug maker's planned purchase of an 85% stake in Tianyaun underscores big pharma's growing interest in a corner of healthcare—emerging-market inoculations— that previously offered little prospect of profit.