◂ Announcements

Oct 12, 2017ACQUISITIONChina

China Biologic agrees to acquire 80% of TianXinFu from PW Medtech

China Biologic Products Holdings agreed to acquire an 80% equity interest in TianXinFu (Beijing) Medical Appliance Co., Ltd. from PW Medtech Group Limited. In exchange, China Biologic will issue 5,521,000 ordinary shares to PWM, which will hold approximately 16.66% of China Biologic's outstanding shares.

Status

Announced

Productsregenerative medical biomaterial productsartificial dura matersurgical consumable products

CompaniesChina Biologic Products Holdings, Inc. acquirer TianXinFu (Beijing) Medical Appliance Co., Ltd. target PW Medtech Group Limited partner

Sectors#Medical Devices

“We are excited to welcome TianXinFu to the China Biologic family.”en.prnasia.com

1 source
en.prnasia.comChina Biologic Agrees to Acquire TianXinFu from PWM - PR Newswire APACOct 12, 2017

Summarized from public sources; check the original articles before acting on it.

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