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Deals And M&A NEWS

SHANGHAI – Bioatla LLC, of San Diego, has received $36 million from Chinese conglomerate Beijing Sinobioway Group Co. Ltd. in a co-development partnership that has netted the American partner $100 million in program payments and equity investments.

HONG KONG – In yet another of a growing list of acquisitions, Chinese drugmaker Luye Pharma Group Ltd. (2186.HK) has inked an agreement to acquire Swiss-based Acino Holdings’ transdermal drug delivery systems (TDS) business.

HONG KONG – Sanofi SA entered a strategic alliance with Taiwan's JHL Biotech, Inc. which could provide a cash infusion and speed up the commercialization of JHL Biotech's biosimilar drugs in China.

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