RE:Wasn't this Prometic's business?This is the business that the Quebec government gave a grant to develop in Quebec a couple years back. Funny thing is that PLI stated that they have nothing to worry about as their separation is far more pure and with greater yields than Green Cross with their fractionation. Then TV stole Prometic, I'm thinking to destroy it as other companies were concerned about their disruptive technology on many platforms. They needed someone to come in and destroy Prometic and the potential it had to damage other drug companies. They wrote off IVIG only because it would have generated revenue. IVIG is the key protein in plasma to wipe out Covid, look it up. These guys are up to no good if you haven't figured it out. Galbraith should be behind bars, not casually stealing tens of millions a year.
Your turn you two mindless, no nothing cheerleaders!!
How much do you two dummies make posting your ridiculous crapp.
Hope you get caught alongside your bosses.
templetooth2 wrote: Grifols (NASDAQ:GRFS) has executed purchase arrangements with the South Korean-based GC Pharma whereby Grifols will acquire the Montreal-based plasma fractionation facility and two purification facilities, along with 11 U.S.-based plasma collection centers, for a total amount of $460M.
No additional financing will be required for the acquisition. Once the facilities are fully licensed, Grifols will become the only large-scale commercial manufacturer of plasma products in Canada, with a fractionation capacity of 1.5M liters annually.
The company plans to be ready to manufacture IVIG and Albumin in the facilities starting in 2023.