{"id":2672,"date":"2024-07-01T20:10:41","date_gmt":"2024-07-01T12:10:41","guid":{"rendered":"https:\/\/flcube.com\/?p=2672"},"modified":"2024-10-16T23:15:10","modified_gmt":"2024-10-16T15:15:10","slug":"hasten-biopharmaceutical-expands-into-pan-asia-regions-with-celltrion-asset-acquisition","status":"publish","type":"post","link":"https:\/\/flcube.com\/?p=2672","title":{"rendered":"Hasten Biopharmaceutical Expands into Pan-Asia Regions with Celltrion Asset Acquisition"},"content":{"rendered":"\n<p>Hasten Biopharmaceutical Co., Ltd, a China-based pharmaceutical company backed by CBC Group, has announced an asset acquisition agreement with South Korean biopharmaceutical company Celltrion (<a href=\"https:\/\/www.google.com\/finance\/quote\/068270:KRX\">KRX: 068270<\/a>). The deal focuses on 14 branded products across various pan-Asia countries and regions, as well as the Marketing Authorization Holder (MAH) rights for these products in 8 countries and regions, including South Korea, Singapore, Thailand, Australia, and China Hong Kong S.A.R. This strategic acquisition is set to establish Hasten Bio&#8217;s presence in Asia, enrich its product portfolio outside of mainland China, and lead to the development of a global supply chain and quality management system. The financial details of the transaction were not disclosed.<\/p>\n\n\n\n<p>The Celltrion products included in this deal address conditions such as hypertension and diabetes, and include well-known medications like Edarbi (azilsartan) for hypertension, Basen (voglibose) for diabetes, Actos (pioglitazone) for diabetes, Blopress (candesartan cilexetil) for hypertension, and Nesina (alogliptin) for diabetes. Hasten Bio considers this acquisition a significant strategic move towards building a robust portfolio in chronic disease and critical illness treatments.- <a href=\"https:\/\/flcube.com\">Flcube.com<\/a><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hasten Biopharmaceutical Co., Ltd, a China-based pharmaceutical company backed by CBC Group, has announced an&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"googlesitekit_rrm_CAownpewDA:productID":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[7,10],"tags":[30,225,369,1305],"class_list":["post-2672","post","type-post","status-publish","format-standard","hentry","category-company","category-deals","tag-biotech","tag-celltrion","tag-hasten-biopharmaceutical","tag-krx-068270"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.6 (Yoast SEO v27.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Hasten Biopharmaceutical Expands into Pan-Asia Regions with Celltrion Asset Acquisition - Insight, China&#039;s Pharmaceutical Industry<\/title>\n<meta name=\"description\" content=\"Hasten Biopharmaceutical Co., Ltd, a China-based pharmaceutical company backed by CBC Group, has announced an asset acquisition agreement with South Korean biopharmaceutical company Celltrion (KRX: 068270). 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