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CBC-Backed Hasten Biopharmaceutical Announces Acquisition of 14 Celltrion Legacy Products

PRIVATEJul 01, 2024

Acquiring Company

Hasten Biopharmaceutic Ltd

Acquired Company

Celltrion

IncheonBiotechnologyHealth CareManufacturingBiotechnologyTherapeuticsPharmaceuticalBiopharma

Description

CBC Group, Asia's largest healthcare-dedicated asset management firm, has announced the successful acquisition by its controlled portfolio company, Hasten Biopharmaceutical, of the asset rights of 14 branded products across Pan-Asia countries and regions from Celltrion, a South Korean biopharmaceutical company. This strategic deal leverages CBC's hands-on 'investor-operator' approach and Hasten's expansion trajectory across Pan-Asia.

Quick answer

Hasten Biopharmaceutic Ltd is acquiring Celltrion, announced July 2, 2024.

How much did Hasten Biopharmaceutic Ltd pay for Celltrion?
The deal value was not disclosed.
What does Hasten Biopharmaceutic Ltd do?
Hasten Biopharmaceutic Company Limited ("Hasten") is an innovation-driven pharmaceutical company.
Where are Hasten Biopharmaceutic Ltd and Celltrion based?
Celltrion is based in Incheon, Seoul, South Korea.
Who are the decision-makers at Hasten Biopharmaceutic Ltd?
Fundz holds 1 contact at Hasten Biopharmaceutic Ltd. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Hasten Biopharmaceutic Ltd

About

Hasten Biopharmaceutic Company Limited ("Hasten") is an innovation-driven pharmaceutical company. Adhering to our core values of integrity, agility, innovation, and accountability, we are committed to providing high-quality healthcare solutions to serve our key stakeholders, creating an ecosystem to provide better care for patients with chronic diseases, and ultimately achieve the goal of becoming a healthcare industry leader.

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Frequently asked

Who acquired Celltrion?

Celltrion was acquired by Hasten Biopharmaceutic Ltd. The deal was reported on July 1, 2024. Hasten Biopharmaceutic Company Limited ("Hasten") is an innovation-driven pharmaceutical company. Hasten Biopharmaceutic Ltd is privately held and operates in Biotechnology.

When did Hasten Biopharmaceutic Ltd acquire Celltrion?

Hasten Biopharmaceutic Ltd's acquisition of Celltrion was reported on July 1, 2024. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Celltrion do?

Celltrion is a leading biopharmaceutical company based in Incheon, South Korea that specialises in researching, developing, manufacturing, marketing and sales of innovative therapeutics that improve people's lives worldwide. It is privately held, operating in Manufacturing, and is based in Incheon.

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