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TOP NEWS
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 04/02/2010
[Industry news]
Zhejiang Hisun Pharmaceutical Co partners Sagent Pharm
Zhejiang Hisun will presumably join Sagent’s global network, which includes 20 partners, over 60 facilities and access to 1,400 R&D employees worldwide.
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Zhejiang Hisun Pharmaceutical Co.revealed that it will make a $10 million investment in Sagent Pharma, a relatively new company headquartered near Chicago, Illinois. The company will purchase 7 million shares at $1.40 each in privately held Sagent, equivalent to a 4.5% stake. Zhejiang Hisun will presumably join Sagent’s global network, which includes 20 partners, over 60 facilities and access to 1,400 R&D employees worldwide. |
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