China’s Nanjing King-Friend Takes Control Of US Injectables Specialist Meitheal

China’s Nanjing King-Friend Biochemical Pharmaceutical has taken a majority stake in US generic injectables specialist Meitheal Pharmaceuticals.

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Nanjing King-Friend Has Taken A Majority Share Of Meitheal • Source: Shutterstock

China’s Nanjing King-Friend Biochemical Pharmaceutical is paying $95m to increase its share in US generic injectables specialist Meitheal Pharmaceuticals to a majority stake, the two companies have announced.

Conducted through NKF’s wholly-owned subsidiary Hong Kong King-Friend Industrial Company, the deal is expected to close in the fourth quarter...

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