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September 01, 2020 1:28pm
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Week In Review: Fosun Pharma Acquires Majority Stake In China Vaccine Company For $682 Million

Fosun Pharma announced a $628 million deal to acquire a 73% stake in Chengdu Antejin Biotech, a vaccine company. Fosun paid $174 million to nine Antejin shareholders and it contributed its own subsidiary, Dalian Aleph Biomedical, for the remainder.
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