China-based Huadong Medicine Co., Ltd (SHE: 000963) has announced an equity collaboration deal with Zhejiang Dongyang Medical Materials Co., Ltd. The partnership aims to strengthen the supply of drugs and medical devices in the city of Dongyang. Financial details of the transaction were not disclosed.
Transaction Details
Following the deal, Dongyang Med will be renamed “Huadong Medicine Dongyang Co., Ltd” and will continue its operations focused on securing the supply of drugs and medical devices in Dongyang. Huadong Medicine will provide comprehensive support to the new company, including assistance with products, talent, operations, information, logistics, and finance.-Fineline Info & Tech
