Ping An Biomedical Co., Ltd. (PASW)
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Ping An Biomedical Co., Ltd Announces Strategic Investment in Future Biotechnology Group to Advance Collaborative Development of the Biopharmaceutical Industry
Published: January 09, 2026 by: GlobeNewsWire
Sentiment: Neutral
HONG KONG, Jan. 09, 2026 (GLOBE NEWSWIRE) -- Ping An Biomedical Co., Ltd (NASDAQ: PASW) (hereinafter referred to as “Ping An Bio”) announced that it has entered into a non-binding memorandum (the “Investment Memorandum”) with Future Biotechnology Group Co., Ltd (hereinafter referred to as “Future Biotechnology Group”). The Investment Memorandum outlines an initial investment of US$30 million to be paid in cash, as well as subsequent acquisitions with a consideration, in aggregate, of US$60 million to be settled in cash and share issuances (the “Consideration Shares”).
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About Ping An Biomedical Co., Ltd. (PASW)
- IPO Date 2025-07-18
- Website http://www.majestic-holdings-temp.flywheelsites.com
- Industry Industrial - Distribution
- CEO Pijun Liu
- Employees 7