U.S.-China JV To Launch Two Drug Discovery Facilities In China In 2008
This article was originally published in PharmAsia News
Executive Summary
BEIJING - Venturepharm, a recently established joint venture between Commonwealth Biotechnologies and Venturepharm Laboratories, announced plans to establish two new drug discovery service facilities in Taizhou, in China's Jiangsu province. The joint venture will appoint up to 200 chemists in 2008, with the aim of expanding to over 1,000 chemists by 2010