Sino Biological finalizes the acquisition of SignalChem Biotech, strengthening global presence and expanding product portfolio

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Sino Biological, Inc. ("Sino Biological" aliases nan "Company”), a biotechnology institution listed connected nan Shenzhen banal speech subsidiary ChiNext, specializing successful biologic investigation reagents and related method statement investigation services, has successfully concluded its acquisition of Vancouver-based Canadian biotechnology institution SignalChem Biotech Inc. (“SCB” aliases "SignalChem”). Sino Biological has acquired 100% of SCB shares successful a woody weighted astatine $48 M USD, inclusive of each assets, assumed indebtedness, and nett of rate deposits.

SignalChem Biotech Inc. is renowned for its specialized bioactive enzymes, including kinases, proteases, phosphatases, ubiquitin and epigenetic enzymes. Over nan past 2 decades, SCB has established proprietary accumulation and value power platforms, mounting manufacture standards for nan improvement and accumulation of high-quality bioactive enzyme proteins to support scientists from basal investigation done supplier find and development. Now operating arsenic a wholly-owned subsidiary of Sino Biological, SCB will bring exclusive expertise successful enzyme accumulation to nan company’s existing exertion platforms.

The strategical synergy betwixt Sino Biological and SignalChem enables nan proviso of a broader scope of products and investigation services, supporting nan wider life sciences organization and facilitating nan find and improvement of caller treatments, vaccines and diagnostic platforms.

SignalChem is astatine nan technological forefront of enzyme bioreagent improvement and production, arsenic good arsenic enzyme-based compound screening technologies. The acquisition of SCB further strengthens Sino Biological’s robust beingness successful bioactive recombinant proteins and related statement investigation services,

Dr. Jie Zhang, President and General Manager, Sino Biological

"We are excited to subordinate forces pinch Sino Biological and embark connected this caller section of maturation and collaboration," said Mr. Jun Yan, co-founder, president and CEO of SignalChem Biotech. "Together, we person a unsocial opportunity to leverage our complementary strengths and resources to accelerate invention and amended service nan technological community. We look guardant to combining our expertise to create caller solutions that reside nan analyzable challenges facing researchers astir nan world.”

Sino Biological remains committed to maintaining nan precocious standards of quality, reliability, and customer restitution passim nan integration process. Customers tin expect continued entree to nan aforesaid high-quality products and services they person travel to trust on, backed by nan mixed expertise and resources of Sino Biological and SignalChem Biotech.

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