SciClone buys NovaMed, expanding presence in China for up to $105 million
USA-based SciClone Pharmaceuticals (Nasdaq: SCLN) says that it has acquired NovaMed Pharmaceuticals, a China-based specialty pharmaceutical company. The acquisition brings additional broad sales and marketing, as well as regulatory and extensive business capabilities and pharmaceutical assets in the regulatory approval stage to its growing and profitable China-focused specialty pharmaceutical business, the US drugmaker said.
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