Fosun-backed CQP unit to acquire Tasly Pharma for $210m

Fosun-backed CQP unit to acquire Tasly Pharma for $210m

Fosun Pharma-backed C.Q.Pharmaceutical Holding Co., Ltd (CQP) has agreed to buy out biological medicine player Tasly Holding Group’s subsidiary Tasly Pharmaceuticals Inc for as much as 1.489 billion yuan ($210 million), according to a company filing with Shenzhen Stock Exchange.