Zhejiang Conba Pharmaceutical has sold 57.3% stake in a pharmaceutical company for ¥345.1m ($50.27m).

Based in China, the Zhejiang Conba is a subsidiary of Conba Group.

Go deeper with GlobalData

Go deeper with GlobalData

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

"Canadian oil and gas exploration and production company Vinergy Resources intends to acquire 65% stake in Biolennia Laboratories."

Canadian oil and gas exploration and production company Vinergy Resources intends to acquire 65% stake in Biolennia Laboratories.

Also based in Canada, the target company provides drug testing services.

Vinergy Resources will pay C$0.26m ($0.2m) in addition to 150,000 shares of its common stock upon signing a definitive agreement for the acquisition.

The acquisition is expected to be completed in the first quarter of this year.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Pharmaceutical Technology Excellence Awards - Nominations Closed

Nominations are now closed for the Pharmaceutical Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
Awarded the 2025 Pharmaceutical Technology Excellence Award for Business Expansion in Integrated Manufacturing, Upperton Pharma Solutions is rapidly expanding its UK GMP and sterile manufacturing footprint. Find out how Upperton’s integrated CDMO model helps pharma companies move from early development to clinical and niche commercial supply with fewer handovers and faster timelines.

Discover the Impact