Chinese pharmaceutical company WuXi AppTec plans to acquire US-based contract research organisation (CRO) ResearchPoint Global (RPG).

RPG will become WuXi AppTec’s wholly owned subsidiary following the completion of the acquisition.

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The acquisition will help WuXi AppTec to strengthen its clinical research services worldwide.

“Chinese pharmaceutical company Cachet Pharmaceutical plans to acquire 51% stake in a Zhejiang-based biotechnology company for CNY43.8m ($6.65m).”

Chinese pharmaceutical company Cachet Pharmaceutical plans to acquire 51% stake in a Zhejiang-based biotechnology company for CNY43.8m ($6.65m).

Shenzhen Neptunus Bioengineering plans to acquire 10% stake in Shandong pharma company for CNY130m ($19.75m).

The Chinese pharmaceutical products manufacturer plans to pay the consideration in instalments through self-financing.

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