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Simcerely Yours: Simcere Buys Majority Stake In Fellow Chinese Pharma Boda

This article was originally published in PharmAsia News

Executive Summary

Continuing its acquisition strategy, Simcere Pharmaceutical Group, one of China's largest branded generics manufacturers, bought a 51 percent stake in Boda Pharmaceutical in a deal valued at $14.8 million (RMB 111 million), Simcere announced Sept. 28

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