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CBC Group and Mubadala Partner with UCB in China for Neurology and Allergy Business Acquisition

Nov 30, 2024•over 1 year ago

Contract Type

partnership

ChinaHealth Care

Description

CBC Group, in partnership with Mubadala Investment Company, completed the acquisition of UCB's neurology and allergy business in China for US$680 million. This strategic move aims to establish CBC's presence in China's pharmaceutical market, particularly in the central nervous system (CNS) sector.

Company Information

Company

CBC Group and Mubadala Investment Company

Location

China

About

CBC Group is Asia's leading healthcare-dedicated asset management firm, headquartered in Singapore. Mubadala Investment Company is a global investment company.

Predictive Intelligence
Strategic

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Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
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