BioCentury
ARTICLE | Company News

Anaphore acquires RuiYi

March 23, 2012 12:33 AM UTC

Anaphore Inc. (La Jolla, Calif.) acquired RuiYi Biotechnology Inc. (Shanghai, China) in a stock deal. Details were not disclosed. RuiYi discovers and develops biologics targeting G protein-coupled receptors (GPCRs). RuiYi's co-founder Raymond Stevens joined Anaphore's board. Also joining the board is Peppi Prasit, founder and CEO of Inception Sciences Inc. (San Diego, Calif.). ...