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Article: NEOSTEM ACQUIRES CHINA BIOPHARMACEUTICALS HOLDINGS.
- Article from:
- AsiaPulse News
- Article date:
- November 2, 2009
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(Full text of statement. Contact details below.)
MEDIA RELEASE PR36874
NeoStem Acquires China Biopharmaceuticals Holdings, Inc.; Obtains Controlling Interest in Profitable Leading Chinese Pharmaceutical Company
NEW YORK, Oct. 30 /PRNewswire-AsiaNet/ -- NeoStem, Inc. (NYSE Amex: NBS), announced today that the Company has completed the acquisition of China Biopharmaceuticals Holdings, Inc. (OTC Bulletin Board: CHBP), a leading Chinese pharmaceutical company.
The acquisition was completed following the approval of shareholders that was obtained at a Special Meeting of Shareholders held yesterday at 11:00 am. The shareholders of China ...