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Markets :: Fine Chemicals/Biotech :: Pharmaceutical ingredients
Pharma/fine chemicals roundup—31 December 2013
4:59 AM MST | December 31, 2013 | Deepti Ramesh
Chinese firm to acquire US API producer Scientific Protein Laboratories for $337.5 million Shenzhen Hepalink Pharmaceutical (Shenzhen, China) says that it has entered into a stock purchase agreement to acquire Scientific Protein Laboratories (SPL; Waunakee, WI), a global, independent manufacturer and supplier of active pharmaceutical ingredients (APIs), for $337.5 million in cash plus certain contingent payments. The transaction is expected to close during the first half of 2014. Hepalink is one of the largest suppliers of heparin sodium API and crude heparin in...
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