FibroGen sells China unit to AstraZeneca

AstraZeneca boosts China presence with FibroGen's anemia drug in $160 million deal
AstraZeneca will buy longtime partner FibroGen's China unit for about $160 million to gain rights to its anemia drug in the country, further boosting its presence in the world's second-biggest economy.
US' FibroGen to Sell China Unit to AstraZeneca for USD160 Million
AstraZeneca will obtain the full rights to Roxadustat in China, FibroGen said, adding that it will retain the US and other unlicensed market rights and continue to evaluate a development plan for the drug in anemia associated with lower-risk myelodysplastic syndrome.
Amid Mounting Pressure In China, AstraZeneca Buys FibroGen's Chinese Unit For $160 Million
FibroGen sells its China unit to AstraZeneca for $160 million, extending its cash runway into 2027 and advancing its CD46-targeting ADC and PET imaging agent.
FibroGen Announces the Sale of FibroGen China to AstraZeneca for Approximately $160 Million
Purchase price represents enterprise value of $85 million plus FibroGen net cash held in China at closing, currently estimated to be
AstraZeneca deepens China presence with FibroGen deal
The $160 million acquisition of a FibroGen subsidiary expands AstraZeneca’s foothold in China while the company works through government investigations into its business practices there.
AstraZeneca pays $160M for FibroGen's China unit, regional rights to roxadustat
AstraZeneca is paying $160 million for FibroGen’s China business, giving the U.K.-based Big Pharma the regional rights to oral anemia drug roxadustat.
AstraZeneca to buy FibroGen's China unit for $160 million
AstraZeneca will buy U.S. biotech firm FibroGen's China unit for about $160 million, in its latest deal to boost its presence in the country despite growing US-China trade tensions. Fibrogen said the deal will give AstraZeneca full rights to its anemia drug roxadustat in China.
M&A News: AstraZeneca Expands China Footprint With FibroGen Deal
AstraZeneca (AZN) is set to acquire U.S. biotech company FibroGen’s (FGEN) China unit for $160 million to expand its presence in the country.
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FibroGen, Inc. (FGEN)
Fibrogen said the deal will give AstraZeneca full rights to its anemia drug roxadustat in China. In December, AstraZeneca, which got about 12% of its 2024 sales from China, said it would buy ...
FibroGen, Inc. (NASDAQ:FGEN) Sees Significant Drop in Short Interest
FibroGen, Inc. (NASDAQ:FGEN – Get Free Report) was the recipient of a significant decline in short interest during the month of January. As of January 31st, there was short interest totalling ...