CASI chief executive makes tentative offer to buy China business

27 June 2024

CASI Pharmaceuticals (Nasdaq: CASI) has announced a preliminary proposal from its chairman and chief executive, Wei-Wu He, to acquire the company's business operations in China.

Based in the USA, CASI focuses on developing and commercializing therapeutics and pharmaceutical products in China and globally.

The offer includes all of the license-in, distribution, and related rights for CASI’s pipeline candidates in Asia, excluding Japan.

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