Summary by Moomoo AI
Conge Pharmaceuticals (CMS) announced on 27 December 2023 that its Singapore joint venture PharmaGend Global Medical Services Pte. PharmaGend Ltd. (PharmaGend) has entered into a lease agreement with PERPETUAL (ASIA) LIMITED for the lease of a factory located in Singapore, which will be used for pharmaceutical preparation, refining and packaging business. On December 29, PharmaGend completed the acquisition of Strides Pharma Global Pte. Strides Pharma Ltd.'s specific production of machinery and equipment, and the signing of a specific contract custom manufacturing (CMO) agreement and service agreement with it, marks the completion of the Singapore manufacturing plant. In addition, CMS Medical Venture, Concord, Congolese and Junlian Funds agreed on October 20, 2023 to increase the registered capital of Rxilient Biohub from $200,000 to $30,000,000 and completed the...Show More