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home / news releases / SBFM - Sunshine Biopharma acquires Nora Pharma for C$30M

SBFM - Sunshine Biopharma acquires Nora Pharma for C$30M

Sunshine Biopharma Inc.

  • Sunshine Biopharma ( NASDAQ: SBFM ) said on Thursday it had completed the acquisition of all the outstanding shares of Nora Pharma for C$30M ($21.9M).
  • The acquisition will help Sunshine Biopharma to expand its operations into the area of generic prescription drugs and biosimilars.
  • Nora Pharma currently offers over 50 pharmaceutical products, including generic prescription drugs, over-the-counter products and biosimilars.
  • Nora Pharma will operate as a subsidiary of Sunshine.
  • ( SBFM ) is down ~4% premarket.

For further details see:

Sunshine Biopharma acquires Nora Pharma for C$30M
Stock Information
Company Name: Sunshine Biopharma Inc.
Stock Symbol: SBFM
Market: OTC
Website: sunshinebiopharma.com
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