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BDMS to take majority stake in GNPT to advance Thai cancer therapies

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BDMS to take majority stake in GNPT to advance Thai cancer therapies

Bangkok Dusit Medical Services (BDMS) plans to invest a further THB170 million in Thai biotechnology company Genepeutic Bio (GNPT), increasing its stake from 19.9% to 55% as it expands into domestically developed cancer cell therapies.

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Health & Wellness

The investment, made through Royal Bangkok Healthcare, a BDMS group company, will give the private hospital operator a majority holding in GNPT. The funding is intended to support further product development, expand manufacturing capacity and advance other treatments, rather than being devoted solely to an existing cancer medicine.

Read full article at Nation Thailand →