FibroGen Receives Chinese Regulator's Approval for Sale of Subsidiary to AstraZeneca-March 2024-www.financetom.com

FibroGen Receives Chinese Regulator's Approval for Sale of Subsidiary to AstraZeneca

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FibroGen Receives Chinese Regulator's Approval for Sale of Subsidiary to AstraZeneca

Aug 18, 2025 4:22 AM

07:15 AM EDT, 08/18/2025 (MT Newswires) -- FibroGen ( FGEN ) said Monday that the China State Administration for Market Regulation has approved the sale of its Chinese unit to a subsidiary of AstraZeneca ( AZN ) .

The company announced the deal in February, saying it has agreed to sell FibroGen International (Hong Kong) for about $160 million.

FibroGen ( FGEN ) said it expects to close the transaction in Q3, subject to other contractual closing conditions.

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