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    Tianjin Tiancheng Pharma. Co., Ltd.
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    Grifols Acquires Tiancheng Pharmaceutical Holdings, the Largest Shareholder of Biotest, to Increase Patients’ Access to Plasma Therapies

    Details:

    This acquisition will significantly reinforce Grifols’ industry capabilities by enhancing its plasmaderived medicines access, pipeline Biotest is leading clinical trials on plasma-derived fibrinogen (BT524) to treat congenital and acquired disorders.


    Lead Product(s): BT524

    Therapeutic Area: Genetic Disease Product Name: BT524

    Highest Development Status: Phase IIIProduct Type: Large molecule

    Partner/Sponsor/Collaborator: Grifols International

    Deal Size: $1,281.5 million Upfront Cash: Undisclosed

    Deal Type: Acquisition September 17, 2021

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    veranova-m-2024-04-22

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