Sunshine Biopharma Announces The Acquisition Of Nora Pharma, Adding $10.7 Million In Revenue
Acquiring Company
Sunshine Biopharma
Acquired Company
Nora Pharma
Description
Sunshine Biopharma Inc. (NASDAQ: “SBFM”), a pharmaceutical company focused on the research, development and commercialization of oncology and antiviral drugs, today announced that it has completed the acquisition of all the outstanding shares of Nora Pharma Inc., effective immediately. As such, Nora Pharma Inc. is now a wholly owned subsidiary of Sunshine Biopharma Inc.
Quick answer
Sunshine Biopharma is acquiring Nora Pharma, announced October 20, 2022. Sunshine Biopharma is based in Fort Lauderdale, Florida, United States.
- How much did Sunshine Biopharma pay for Nora Pharma?
- The deal value was not disclosed.
- What does Sunshine Biopharma do?
- Sunshine Biopharma is a pharmaceutical company that focuses on researching and offering life-saving medicines across various therapeutic areas, including oncology and antivirals.
- Where are Sunshine Biopharma and Nora Pharma based?
- Sunshine Biopharma is based in Fort Lauderdale, Florida, United States. Nora Pharma is based in Canada.
- Who are the decision-makers at Sunshine Biopharma?
- Fundz holds 1 contact at Sunshine Biopharma. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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- Lilly Completes Acquisition Of Akouos Expanding Efforts To Help People With Genetic Diseases (December 1, 2022)
- Solid Biosciences Announces Stockholder Approval Of Acquisition Of Aavantibio (December 1, 2022)
- Atossa Therapeutics, Inc. To Acquire Stake In Privately Held Dynamic Cell Therapies As Part Of Overall Car-T Strategy (November 1, 2022)
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When Sunshine Biopharma changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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Frequently asked
Who acquired Nora Pharma?
Nora Pharma was acquired by Sunshine Biopharma, based in Fort Lauderdale. The deal was reported on October 20, 2022. Sunshine Biopharma is a pharmaceutical company that focuses on researching and offering life-saving medicines across various therapeutic areas, including oncology and antivirals. Sunshine Biopharma is publicly traded (SBFM) and operates in Healthcare.
When did Sunshine Biopharma acquire Nora Pharma?
Sunshine Biopharma's acquisition of Nora Pharma was reported on October 20, 2022. Sunshine Biopharma Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Nora Pharma do?
Nora Pharma is a Canadian pharmaceutical company offering generic and specialty drugs across the country. It is privately held, operating in Biotechnology, and is based in Canada.
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