Hainan Haiyao Signs LOI for Stake in SinoMab Bioscience
Posted on November 14, 2012 at 07:05 AM EST
Hainan Haiyao Co. signed a letter of intent to acquire a 40% stake in SinoMab Bioscience Limited, a company that is headquartered in Hong Kong with offices and manufacturing facilities in Shenzhen. Established in 2001, SinoMab is seeking to discover therapeutic antibodies that treat life-threatening and debilitating diseases. Terms of the proposed transaction were not disclosed. More details.... Stock Symbol: (SHE: 000566) Share this with colleagues: var switchTo5x=true; stLight.options({publisher:'d7871f5b-67bc-4d30-b66f-1465d0b97213'});