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    Home > Medical News > Medical World News > Weigh! LVYE pharmaceutical acquired 1.4 billion famous pharmaceutical companies

    Weigh! LVYE pharmaceutical acquired 1.4 billion famous pharmaceutical companies

    • Last Update: 2020-01-07
    • Source: Internet
    • Author: User
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    According to the announcement, Shandong LVYE has the conditions to agree to purchase, while LVYE Investment Group has the conditions to agree to sell its 98% stake in Shandong Boan According to the previous agreement, LVYE pharmaceutical will pay related fees in three stages, including the first payment of 723 million yuan and two subsequent payments of 362 million yuan, totaling 1487 million yuan It is reported that Shandong Boan was founded with a registered principal of 10 million yuan It is engaged in the development of therapeutic antibodies, focusing on oncology, central nervous system, diabetes and immune disease products At present, Shandong Boan is engaged in the development of biological products in China, the United States and the European Union In the past few years, Shandong Boan has accumulated rich experience in antibody generation and lead optimization, cell line establishment and process development, pilot production and commercial production After the acquisition, in addition to obtaining 9 innovative antibody drugs under Shandong Boan, green leaf pharmaceutical complements the core advantages of the original products, and the three antibody discovery platforms of Shandong Boan will also be under green leaf pharmaceutical.
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