Fosun Pharma Acquires Drug Distributor Tridem for $73M

Oct 30, 2017

South China Morning Post

Shanghai's Fosun Pharmaceutical Co. announced it would acquire French drug distributor Tridem Pharma for $73 million, according to South China Morning Post. The deal would expand its market share in Europe and Africa.

Tridem has a presence in 21 French-speaking African countries and regions, and Fosun Pharma says it could expand in that continent with the help of Tridem’s “mature sales network and upstream and downstream resources,” the company said.

Read the full story

Show Comments
Hide Comments

Join the discussion

We welcome your thoughtful comments.
All comments will display your user name.

Want to participate in the discussion?

Register for free

Log in for complete access.

Comments

No one has commented on this page yet.

RSS feed for comments on this page | RSS feed for all comments