Grand Pharmaceutical Group Limited (HK:0512) has released an update.
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Grand Pharmaceutical Group Limited has renewed its exclusive distribution agreements with Sirtex Medical for 2024, allowing its subsidiaries, Beijing Purevalley and Chengdu Purevalley, to continue reselling Sirtex’s products in China. The agreements, initially established in 2023, have been extended to enhance the company’s presence in the Chinese market. This move represents ongoing collaboration between the two firms and aligns with connected transaction regulations.
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