Sino Biopharmaceutical to acquire LaNova Medicines for up to $951 million

Reuters

2025/07/15

<a href="https://laohu8.com/S/SBHMY">Sino Biopharmaceutical</a> to acquire LaNova Medicines for up to $951 million

July 15 (Reuters) - Hong Kong-listed Sino Biopharmaceutical 1177.HK said on Tuesday it will buy the remaining 95.09% stake it does not hold in Shanghai-based LaNova Medicines for no more than $950.92 million.

(Reporting by Shivangi Lahiri in Bengaluru; Editing by Mrigank Dhaniwala)

((Shivangi.Lahiri@thomsonreuters.com;))

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