Tasly Pharmaceutical Ends Deal to Grant Arbor Pharma Rights to Compound Danshen Dripping Pills

MT Newswires Live

02/09

Tasly Pharmaceutical (SHA:600535) agreed to terminate the deal to grant Arbor Pharmaceuticals exclusive rights in the U.S. for its Compound Danshen Dripping Pills, according to a Saturday filing on the Shanghai bourse.

The Chinese pharmaceutical company's shares slipped nearly 1% during Monday's morning trade.

Tasly granted the exclusive rights to Arbor in 2018.

The company said the parties have no dispute regarding the termination.

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