Loading…
SHL Medical has secured financial support from a consortium of investors including EQT Future and ATHOS to execute its 2030 growth strategy, which includes adding production capacity in the U.S. and Europe. The company previously announced plans to invest $90 million in a new manufacturing plant in South Carolina, due to start operations in 2024.
Formycon AG and ATHOS KG have agreed to merge biosimilar development activities. Formycon will acquire 100% of rights in FYB202, the 50% stake in FYB201, and Bioeq GmbH for a cumulative consideration of approximately EUR 650 million. ATHOS will become the largest shareholder with about 26.6% of Formycon.