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| Deals/Disputes/IPO Monitor |
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| Title: |
Sinobiopharma completes acquisition of DongYing Pharma (2008) |
| Type: |
M&A |
Parties
Involved: |
Sinobiopharma and DongYing Pharma |
| Description: |
Sinobiopharma, Inc. announced on September 22, 2008 that it completed the acquisition of DongYing (Jiangsu) Pharmaceuticals Co., Ltd.
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Additional
Info/Comments: |
DongYing is engaged in the research, development, manufacture and marketing of biopharmaceutical products in China. The company has developed new methods for synthesis of active pharmaceutical ingredient (API) and innovative drug delivery (new formulation) that dramatically reduces the time and cost of drug development.
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