Medical Device Network: Pharmaron Buys US Company Absorption Systems for US$137.5 Million

November 09, 2020

O’Melveny advised Pharmaron Beijing in its acquisition of 100% of the equity of US-based Absorption Systems for up to US$137.5 million in cash. Absorption Systems’ facilities and laboratories are located in Philadelphia, San Diego, and Boston, and will enhance Pharmaron’s drug R&D offerings across the world, Medical Device Network noted.

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