Chi­na's Tasly Bio­phar­ma turns a de­vel­op­ment part­ner in­to an in­vestor as it preps Hong Kong IPO

In a ma­jor en­dorse­ment of their Chi­nese part­ner’s drug de­vel­op­ment prowess, France’s Trans­gene is swap­ping own­er­ship of a joint ven­ture — and con­trol of their as­sets …

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