BioCentury | Apr 25, 2011
Company News

Tongjitang, Fosun Industrial Co. Ltd., Hanmax deal

Hanmax and Fosun completed the previously announced acquisition of Tongjitang for $1.125 per share or $4.50 per ADS (see BioCentury, Nov. 15, 2010). Tongjitang Chinese Medicines Co. , Shenzhen, China Fosun Industrial Co. Ltd. , Hong Kong,...
BioCentury | Nov 15, 2010
Company News

Tongjitang, Fosun Industrial Co. Ltd., Hanmax, Tonsun deal

Hanmax, a company controlled by Tongjitang Chairman and CEO Xiaochun Wang, Fosun and Tonsun, a Cayman Islands exempted company owned by Hanmax and Fosun, will acquire all outstanding shares of Tongjitang for $1.125 per share...
BioCentury | Sep 13, 2010
Company News

Tongjitang management update

Tongjitang Chinese Medicines Co. (NYSE:TCM), Shenzhen, China Business: Musculoskeletal, Neurology, Dermatology WIR Staff Dermatology Musculoskeletal Neurology...
BioCentury | Sep 9, 2010
Company News

Wang resigning as Tongjitang CFO

Tongjitang Chinese Medicines Co. (NYSE:TCM) said Charles Wang will resign as CFO, effective Dec. 2, for personal reasons. The company began searching for a replacement. Tongjitang was down $0.09 to $3.51 on Wednesday. BC Staff...
BioCentury | Apr 12, 2010
Finance

Take private, take two

Xiaochun Wang, chairman and CEO of Tongjitang Chinese Medicines Co. (NYSE:TCM), is taking a second shot at taking the company private - this time at less than half the share price previously offered to investors. Hanmax...
BioCentury | Apr 12, 2010
Company News

Tongjitang, Fosun Industrial Co. Ltd., Hanmax deal

Hanmax, a company controlled by Tongjitang Chairman and CEO Xiaochun Wang, and Fosun proposed to acquire all outstanding shares of Tongjitang for $1.125 per share or $4.50 per ADS. The proposal values the musculoskeletal, neurology...
BioCentury | Apr 9, 2010
Financial News

Proposal to take Tongjitang private

Hanmax Investment Ltd. (British Virgin Islands), a company controlled by Tongjitang Chinese Medicines Co. (NYSE:TCM) Chairman and CEO Xiaochun Wang, and Fosun Industrial Co. Ltd. (Hong Kong, China) proposed to acquire all outstanding shares of...
BioCentury | Feb 8, 2010
Company News

Tongjitang, Guiyang Liquor Factory deal

Tongjitang will form a JV with an undisclosed third party to acquire Guiyang for RMB120.6 million ($17.7 million) in cash. Tongjitang will own 95% of the JV. Guiyang markets three Chinese liquors to treat bone-related...
BioCentury | Oct 19, 2009
Financial News

Tongjitang financial update

Tongjitang repurchased 19.3 million shares for $19.8 million. Tongjitang, which closed at $4.98 on Friday, now has 108.9 million shares outstanding. Tongjitang Chinese Medicines Co. (NYSE:TCM), Shenzhen, China Business: Musculoskeletal, Neurology, Dermatology Date announced: 10/12/09...
BioCentury | Apr 13, 2009
Company News

Jingfang, Tongjitang deal

Tongjitang will acquire Jingfang for RMB60 million ($8.8 million) in cash. Jingfang's portfolio of marketed drugs includes Fengshi Gutong Capsules to treat pain associated with rheumatoid arthritis and Jingushu Granules to treat stiffness and pain...
Items per page:
1 - 10 of 27
BioCentury | Apr 25, 2011
Company News

Tongjitang, Fosun Industrial Co. Ltd., Hanmax deal

Hanmax and Fosun completed the previously announced acquisition of Tongjitang for $1.125 per share or $4.50 per ADS (see BioCentury, Nov. 15, 2010). Tongjitang Chinese Medicines Co. , Shenzhen, China Fosun Industrial Co. Ltd. , Hong Kong,...
BioCentury | Nov 15, 2010
Company News

Tongjitang, Fosun Industrial Co. Ltd., Hanmax, Tonsun deal

Hanmax, a company controlled by Tongjitang Chairman and CEO Xiaochun Wang, Fosun and Tonsun, a Cayman Islands exempted company owned by Hanmax and Fosun, will acquire all outstanding shares of Tongjitang for $1.125 per share...
BioCentury | Sep 13, 2010
Company News

Tongjitang management update

Tongjitang Chinese Medicines Co. (NYSE:TCM), Shenzhen, China Business: Musculoskeletal, Neurology, Dermatology WIR Staff Dermatology Musculoskeletal Neurology...
BioCentury | Sep 9, 2010
Company News

Wang resigning as Tongjitang CFO

Tongjitang Chinese Medicines Co. (NYSE:TCM) said Charles Wang will resign as CFO, effective Dec. 2, for personal reasons. The company began searching for a replacement. Tongjitang was down $0.09 to $3.51 on Wednesday. BC Staff...
BioCentury | Apr 12, 2010
Finance

Take private, take two

Xiaochun Wang, chairman and CEO of Tongjitang Chinese Medicines Co. (NYSE:TCM), is taking a second shot at taking the company private - this time at less than half the share price previously offered to investors. Hanmax...
BioCentury | Apr 12, 2010
Company News

Tongjitang, Fosun Industrial Co. Ltd., Hanmax deal

Hanmax, a company controlled by Tongjitang Chairman and CEO Xiaochun Wang, and Fosun proposed to acquire all outstanding shares of Tongjitang for $1.125 per share or $4.50 per ADS. The proposal values the musculoskeletal, neurology...
BioCentury | Apr 9, 2010
Financial News

Proposal to take Tongjitang private

Hanmax Investment Ltd. (British Virgin Islands), a company controlled by Tongjitang Chinese Medicines Co. (NYSE:TCM) Chairman and CEO Xiaochun Wang, and Fosun Industrial Co. Ltd. (Hong Kong, China) proposed to acquire all outstanding shares of...
BioCentury | Feb 8, 2010
Company News

Tongjitang, Guiyang Liquor Factory deal

Tongjitang will form a JV with an undisclosed third party to acquire Guiyang for RMB120.6 million ($17.7 million) in cash. Tongjitang will own 95% of the JV. Guiyang markets three Chinese liquors to treat bone-related...
BioCentury | Oct 19, 2009
Financial News

Tongjitang financial update

Tongjitang repurchased 19.3 million shares for $19.8 million. Tongjitang, which closed at $4.98 on Friday, now has 108.9 million shares outstanding. Tongjitang Chinese Medicines Co. (NYSE:TCM), Shenzhen, China Business: Musculoskeletal, Neurology, Dermatology Date announced: 10/12/09...
BioCentury | Apr 13, 2009
Company News

Jingfang, Tongjitang deal

Tongjitang will acquire Jingfang for RMB60 million ($8.8 million) in cash. Jingfang's portfolio of marketed drugs includes Fengshi Gutong Capsules to treat pain associated with rheumatoid arthritis and Jingushu Granules to treat stiffness and pain...
Items per page:
1 - 10 of 27