Daewoong Pharmaceutical Acquires 3,136,869 Shares of Evolus Inc. in the U.S.
[Asia Economy Reporter Hyunseok Yoo] Daewoong Pharmaceutical announced on the 26th that it will acquire 3,136,869 shares of Evolus, a U.S. botulinum toxin sales company.
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The amount is 46.3 billion KRW, and the shareholding ratio after acquiring the shares will be 7.2%. The company explained, "This is the exercise of conversion rights according to the agreement contract between the two companies signed on the 23rd."
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