Hasten Biopharmaceuticals Amplifies Market Presence with Acquisition of Celltrion's Assets

Hasten Biopharmaceutical Co., Ltd. has acquired 14 branded products and Marketing Authorization Holder rights across 8 Pan-Asia countries from Celltrion. This move expands Hasten's chronic disease treatment portfolio and bolsters their market presence. Facilitated by CBC Group, the acquisition strengthens the global healthcare ecosystem and positions Hasten for further growth.


PTI | Shanghai | Updated: 28-06-2024 14:27 IST | Created: 28-06-2024 14:27 IST
Hasten Biopharmaceuticals Amplifies Market Presence with Acquisition of Celltrion's Assets
AI Generated Representative Image
  • Country:
  • China

In a strategic move to bolster its product portfolio and market presence, Hasten Biopharmaceutical Co., Ltd. has acquired 14 branded products and Marketing Authorization Holder rights from Celltrion across eight Pan-Asia countries.

This acquisition, facilitated by CBC Group, significantly enriches Hasten's chronic disease treatment offerings, including products for hypertension and diabetes. According to Fu Wei, CEO of CBC Group, the deal leverages the ''Hasten Speed'' and ''Hasten Power'' principles to tap into new market potentials and enhance patient care.

Summer XIA, CEO of Hasten, expressed that this acquisition marks a significant milestone in Hasten's globalization strategy, emphasizing the importance of international collaborations and innovative business models to serve a broader patient base across Pan-Asia and globally.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

Give Feedback