BioCentury
ARTICLE | Company News

NeoStem, China Biopharmaceuticals deal

November 9, 2009 8:00 AM UTC

NeoStem acquired China Biopharmaceuticals, which owns 51% of Suzhou Erye Pharmaceutical Co. Ltd. (Suzhou, China). Suzhou Erye had 2008 revenues of $50 million. NeoStem said the acquisition gives it a...