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Shinpoong inks new biopharmaceutical tie-up
Published: 2013-01-10 06:58:00
Updated: 2013-01-10 06:58:00
Shinpoong Pharm said Tuesday signed a term sheet agreement with France-based LFB S.A. to set up a biopharmaceutical joint venture by March.
In its regulatory filing on Tuesday, Shinpoong said that the new joint venture will focus on plasma protein purification and manufacture of finished biopharmaceutical products.
The two firms have agreed to invest 47.2 billion won (34 million euros) f...
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