ABVC Acquires $2.96 Million Worth of Land in Asia with Stocks Priced at $3.50 per Share
The acquisition aims to establish a base for Good Agricultural Practices (GAP) fields and an integrated platform for collaboration between researchers and industry leaders.
- The acquisition aims to establish a base for Good Agricultural Practices (GAP) fields and an integrated platform for collaboration between researchers and industry leaders.
- ABVC aims to build on the fastest-growing Asian market for pharmaceutical products, medical devices, and healthcare services.
- ABVC's real estate investment raises the shareholders' equity and facilitates ABVC’s drug development plan, and ABVC believes it will help generate revenue in the future.
- Following the pandemic, life sciences-related real estate in Asia has been considered a hot spot.