FibroGen Announces the Sale of FibroGen China to AstraZeneca for Approximately $160 Million
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FibroGen, Inc. has announced the sale of its China subsidiary to AstraZeneca for approximately $160 million.
February 20, 2025 | 11:45 am
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FibroGen has sold its China subsidiary to AstraZeneca for $160 million, which could positively impact its financial position.
The sale of FibroGen's China subsidiary to AstraZeneca for $160 million is a significant financial transaction that could improve FibroGen's cash position and financial stability, likely leading to a positive short-term impact on its stock price.
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