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Companies: Acquiring (M&A)
Finance & Acquisitions: NeoStem:
Suzhou Erye
Parents
Companies: Acquired_(M&A)
Finance & Acquisitions: NeoStem:
Industry: China
Children
In 2009, Suzhou Erye’s revenues on a stand alone basis were $61 million (unaudited) with $12 million in profits
NeoStem purchased a 51% stake in a profitable generic pharmaceutical company, Suzhou Erye, in China in Oct 2009.