L&C Bio (L&C Bio Co., Ltd) Completes Acquisition of L&C China for MegaDerm Plus NMPA Approval

January 22, 2025

L&C Bio announced it has received China’s NMPA approval for its acellular dermal matrix “MegaDerm Plus,” intended to begin full-scale sales in the first half of 2025. Separately, the company said it is completing the acquisition of 100% ownership of L&C China using its own funds, without issuing convertible bonds, to make L&C China a wholly owned subsidiary and to control its China operations.

Buyers
L&C Bio (L&C Bio Co., Ltd)
Targets
L&C China
Industry
Medical Devices
Location
South Korea
Transaction Type
Buyout

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