FibroGen sells China unit to AstraZeneca in deal worth $160 million
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FibroGen has sold its China unit to AstraZeneca for approximately $160 million.
February 20, 2025 | 12:00 pm
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FibroGen has sold its China unit to AstraZeneca for $160 million, which could positively impact its financial position.
The sale of the China unit for $160 million provides FibroGen with a significant cash inflow, which could improve its financial stability and potentially lead to a positive short-term impact on its stock price.
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