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RDIF and Partners Invest in Alium Pharmaceutical Holding

Jul 09, 2019 - Targeted News Service

The Russian Direct Investment Fund issued the following news news release:

A consortium of investors, including the Russian Direct Investment Fund (RDIF, Russia's sovereign wealth fund), the Russia-China Investment Fund (RCIF, established by RDIF and China Investment Corporation), and leading Middle Eastern funds, have announced a 28% stake in Alium pharmaceutical holding.

Alium holding is created by a merger between the pharmaceutical companies Obolenskoe and Binnopharm. Following t...