other material
confidence high
sentiment neutral
materiality 0.65
China Pharma subsidiary to acquire captopril microcapsule patent for $6.3M in stock
CHINA PHARMA HOLDINGS, INC.
- Hainan Helpson subsidiary to receive Captopril microcapsule invention patent and preparation method from Lijie Tang.
- Transfer price of $6.3 million paid via 3,500,000 shares of CPHI common stock at $1.80 per share.
- Transferor to provide technical services including product R&D, registration materials, and application support.
- Shares issued as unregistered securities under Regulation S to a non-U.S. person.