SK Biopharm Decides to Sell 22.06 Million Shares of Abel Therapeutics
[Asia Economy Reporter Park Jun-yi] SK Biopharm announced on the 4th that it has decided to sell 22,059,039 shares of Dutch pharmaceutical company Arvelle Therapeutics B.V. to Italian pharmaceutical company Angelini Pharma S.p.A. The transfer amount is approximately 35.14703 billion KRW. The scheduled transfer date is March 31. SK Biopharm explained, "We intend to utilize the secured capital gains to execute our growth strategy."
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