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China blocks completed vertical pharma deal in rare post merger move

By MLex Staff ( July 24, 2025, 07:10 GMT | Insight) -- China's antitrust regulator has ordered Wuhan Yongtong Pharmaceutical to unwind its 2018 acquisition of Shandong Beida Gaoke Huatai Pharmaceutical, marking an unusual retrospective intervention against a completed merger. The State Administration for Market Regulation said the merger eliminated competition in the Chinese market for papaverine hydrochloride injections, a critical vasodilator used in microsurgery for reattaching severed fingers. China's antitrust regulator has ordered Wuhan Yongtong Pharmaceutical to unwind its 2018 acquisition of Shandong Beida Gaoke Huatai Pharmaceutical, marking an unusual retrospective intervention against a completed merger....

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