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Investment firm PAG pays $540mm for majority ownership of Hisun BioRay

Executive Summary

Private equity firm PAG will pay $540mm to take a majority stake (58%) in Hisun BioRay Biopharmaceutical Co., a division of Zhejiang Hisun Pharmaceutical Co. Ltd. (which retains a 42% ownership).
Deal Industry
  • Pharmaceuticals
  • Biotechnology
    • Large Molecule
      • Antibodies
Deal Status
  • Final
Deal Type
  • Acquisition
    • Acquisition of Private Biotech
    • Buy-out
    • Partial Acquisition
    • Payment Includes Cash

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