SunWay Biotech Co., LTD. (TPEX:1271) agreed to acquire Bora Health Inc from Bora Pharmaceuticals Co., LTD. (TPEX:6472) on August 21, 2023. The share transfer ratio is every 0.89 share of Bora Health will exchange for 1 share of SunWay Biotech. The board of director of Bora Pharmaceuticals approved the transaction.

The transaction is expected to close on November 1, 2023. Siao-Yun Wu acted as legal advisor to Bora Pharmaceuticals.