Mettrum Health plans to further expand its growth and research profile through the acquisition of Apollo Applied Research.

According to the transaction, Apollo will become a wholly owned subsidiary of Mettrum and will function independently.

“The acquisition also enables Mettrum to develop more effective cannabis products.”

The acquisition also enables Mettrum to develop more effective cannabis products.

Tonghua Golden Horse Pharmaceutical Industry has announced that it will acquire Lhasa medical materials firm for a purchase consideration of $1.6m.

Jafron Biomedical plans to acquire a 37.5% stake in an unrevealed biotechnology company based in Wuhan, China, for a purchase consideration of $4.37m.

The acquirer will further invest to own a 67% stake in the target company.