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![BowTiedBiotech Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1462941795520638981.png) BowTiedBiotech 🧪🔬🧬 [@BowTiedBiotech](/creator/twitter/BowTiedBiotech) on x 19.7K followers
Created: 2025-07-18 17:26:49 UTC

1/ 🇨🇳💰 New Benchmark for China Biotech M&A

Sino Biopharm just bought LaNova for ~$951M.

But…
💵 $450M of that is LaNova’s own cash.

🧾 Real EV = ~$501M → just 1.1× cash.

A global-validated biotech… at book value. 

Let that sink in.

![](https://pbs.twimg.com/media/GwKBgI7WsAELEhy.jpg)

XXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1946260380818321616/c:line.svg)

**Related Topics**
[$501m](/topic/$501m)
[$450m](/topic/$450m)
[$951m](/topic/$951m)
[china](/topic/china)

[Post Link](https://x.com/BowTiedBiotech/status/1946260380818321616)