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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
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