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Simcere-Tobishi merger lawsuit verdict sets precedent in China, SAMR says

By MLex Staff ( March 20, 2025, 08:22 GMT | Insight) -- In a landmark ruling, a Chinese court has upheld the antitrust regulator's conditional approval of the merger between Hong Kong-listed pharma company Simcere and rival Beijing Tobishi, dismissing the latter's challenge. The decision sets a precedent as it marks the first administrative lawsuit involving a merger review since China's Antimonopoly Law came into effect in 2008, the State Administration for Market Regulation said in its official publication.  In a landmark ruling, a Chinese court has upheld the antitrust regulator’s conditional approval of the merger between Hong Kong-listed pharma company Simcere and rival Beijing Tobishi, dismissing the latter's challenge....

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