Tage Pharmaceuticals (03347) plans to purchase 56.37% equity of Japanese company MICRON for approximately 23.47 million yuan.

Zh Tng Cijng APP news, Tiger Pharm (03347) announced that its wholly-owned subsidiary, Japan Tiger Pharmaceuticals Co., Ltd. (Japan Tiger), has signed a "Share Transfer Agreement" with the original shareholders of Japan MICRON Co., Ltd (MICRON) to purchase a portion of their MICRON shares. After the completion of this transfer, Japan Tiger will hold 56.37% of MICRON's shares. The purchase price is 484 million yen, equivalent to approximately 23.4771 million yuan.