On June 21, 2024 Ascentage Pharma (6855.HK), a global biopharmaceutical company engaged in developing novel therapies for cancer, chronic hepatitis B (CHB), and age-related diseases, reported that the agreed equity investment by Takeda has been closed on June 20, 2024, with all proceeds already received (Press release, Ascentage Pharma, JUN 20, 2024, View Source [SID1234644462]). Pursuant to the terms of the Agreement, Ascentage Pharma has allotted and issued an aggregate of 24,307,322 subscription shares to Takeda International at the share purchase price of HK$24.09850 (equivalent to approximately US$3.08549).

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