Chinese pharmaceutical company Shenzhou Yiqiao Information Service has divested its 100% stake in gelatin products manufacturer Qinghai Gelatin and pharmaceutical company Qinghai Mingnuo Capsule.

The company simultaneously sold a 67.03% stake in fish gelatin producer Guangdong Mingyang Gelatin and 100% stake in collagen casing manufacturer LiuzhouCity Hongsheng collagen casings.

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“Chinese bio-medicine products manufacturer Walvax Biotechnology plans to sell its stake in its Shanghai-based pharma-tech unit for CNY100m ($15.36m).”

Chinese bio-medicine products manufacturer Walvax Biotechnology plans to sell its stake in its Shanghai-based pharma-tech unit for CNY100m ($15.36m).

Kangmei Pharmaceutical has agreed to purchase an 80% stake in a pharmaceutical company based in Huizhou, China, for CNY20.8m ($3.18m).

The acquirer company is also based in China and involved in the production and distribution of herbal medicine.

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