China Grand Enterprises in Talks to Acquire Sinclair, a $156 Million UK Company

Published on: Jul 5, 2018
Author: Amy Liu

China Grand Enterprises, an investment firm, together with its affiliate Huadong Medicine are in early stage talks to acquire Sinclair Pharma, a UK aesthetics company. Sinclair climbed 23.5% on the news, raising its market capitalization to $156 million. Based on its collagen stimulation technology, Sinclair offers a variety of minimally invasive, long-duration fillers and smoothers for the skin. Under British rules, China Grand has 30 days to strike a final deal for Sinclair.

Source: China Biotoday

Biotechnology Genomics Healthcare Services Life Science Medical Device Pharmaceutical