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Phagelux, Inc announced the raise of expansion capital from Fosun Industrial Co. Ltd., a subsidiary of Fosun Pharmaceutical Group (600196.SH, 02196.HK).
Phagelux, Inc announced the raise of expansion capital from Fosun Industrial Co. Ltd., a subsidiary of Fosun Pharmaceutical Group (600196.SH, 02196.HK).
According to Mark Engel, CEO of Phagelux:
The addition of Fosun as a strategic partner is a milestone for our company since Fosun brings with them strong expertise in drug development, drug distribution and access to global equity markets.
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