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Germany Exhibition Health (000813): 300 Million Yuan To Increase Capital, Beijing East Slightly Layout Cancer Innovation
German exhibition health (000813) announced in October 25th evening, the company signed a framework agreement with the Beijing orient bio pharmaceutical Polytron Technologies Inc (Beijing East profile), the company intends to increase the amount of money to Beijing East by 300 million yuan in monetary capital. After the completion of the investment, the proportion of its total stock will not be less than 23.2%. Beijing Oriental is a biopharmaceutical company focusing on the clinical development and commercialization of cancer innovative drugs to provide solutions to meet clinical needs. This investment will help the company further lay out the field of cancer innovative drugs, expand product pipelines and tap new profit growth points.
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