South Korea's Celltrion says is preferred bidder to acquire pharma company to offset US tariff risk-March 2024-www.financetom.com

South Korea's Celltrion says is preferred bidder to acquire pharma company to offset US tariff risk

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South Korea's Celltrion says is preferred bidder to acquire pharma company to offset US tariff risk

Jul 28, 2025 6:37 PM

SEOUL, July 29 (Reuters) - South Korean pharmaceutical

company Celltrion said on Tuesday that in a bid to

offset the risk of U.S. tariffs it had become the preferred

bidder to acquire an unnamed pharmaceutical company with a U.S.

production facility.

Celltrion's CEO said it planned to invest 700 billion won

($503.78 million) in the factory.

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