Xiamen Amoytop Biotech to Acquire Skyline Therapeutics Assets for $15 Million

MT Newswires Live

2025/02/25

Xiamen Amoytop Biotech (SHA:688278) subsidiary, Bosai Gene Transcription Technology, will acquire some assets of Skyline Therapeutics for $15 million, with additional milestones and sales-based payments of up to $43 million, according to a Monday filing with the Shanghai bourse.

The deal, approved by the company's board, will make Skyline a wholly owned subsidiary.

The acquisition awaits regulatory and shareholder approvals.

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