Fosun Pharma to buy French drug distributor Tridem for $73m

Fosun Pharma to buy French drug distributor Tridem for $73m

A company logo of Fosun International is seen at the Fosun Fair held alongside the annual general meeting of the Chinese conglomerate in Hong Kong, China May 28, 2015. REUTERS/Bobby Yip/File Photo

Shanghai Fosun Pharmaceutical (Group) Co Ltd said it would buy French drug distributor Tridem Pharma S.A.S. for 63 million euros ($73 million), in a move to expand its market share in Europe and Africa.

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