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NeoStem Acquires China Biopharmaceuticals Holdings, Inc.; Obtains Controlling Interest in Profitable Leading Chinese Pharmaceutical Company.

Publication: Biotech Week
Publication Date: 11-NOV-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
NeoStem, Inc. (NYSE Amex: NBS), announced that the Company has completed the acquisition of China Biopharmaceuticals Holdings, Inc. (BULLETIN BOARD: CHBP) , a leading Chinese pharmaceutical company (see also Biopharmaceuticals).

The acquisition was completed following the approval of shareholders that was obtained at a Special Meeting of Shareholders held...

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