SK Bioscience to Acquire German Biotech Firm IDT Biologika

SEOUL, Jun. 27 (Korea Bizwire) — SK bioscience Co., a biopharmaceutical arm of South Korea’s SK Group, said Thursday it has agreed to pay 339 billion won (US$243 million) for control of German biotech company IDT Biologika. The acquisition of IDT Biologika will give SK bioscience a crucial gateway for its expansion plans in the [...]