Zhejiang Anglikang Pharma Approved for $87 Million IPO in Shenzhen

Published on: Sep 24, 2018
Author: Amy Liu

Zhejiang Anglikang Pharmaceutical, headquartered in Shengzhou, has been approved to stage an $87 million IPO on the Shenzhen SME (small- and medium-sized enterprise) Exchange. The company is mainly known as a cephalosporin manufacturer with an annual capacity of 1500 tons. It also makes angiography and gastrointestinal drugs. Founded in 1994, Anglikang produces finished drugs, APIs and empty gelatin capsules and has annual revenues of over $150 million.

Source: China Biotoday

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