Macquarie buys Korean drug company Genuone Sciences in $550m deal

Macquarie buys Korean drug company Genuone Sciences in $550m deal

Source: Genuone Sciences' website

Macquarie Asset Management’s private equity fund is understood to have sealed the deal to acquire a 100% stake in Korean contract development and manufacturing organisation (CDMO) Genuone Sciences from local investor IMM Private Equity, according to sources familiar with the matter.

Edited by: Padma Priya

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