Chinese investors to buy SciClone Pharmaceuticals, firm valued at $605m

Chinese investors to buy SciClone Pharmaceuticals, firm valued at $605m

Image from SciClone website.

A consortium of Chinese investors has agreed to acquire SciClone Pharmaceuticals, the US-based, China-focused specialty pharmaceutical firm, for $11.18 per share in cash. The deal, which values the pharma company at about $605 million, will be funded through a combination of equity and debt financing, a company statement said.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter