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As Charles River And WuXi PharmaTech Count Down To Shareholder Votes On Proposed Merger, Research Analysts Predict Defeat

This article was originally published in PharmAsia News

Executive Summary

BEIJING - As Charles River Laboratories and WuXi PharmaTech count down toward crucial shareholder votes on Aug. 5 - on whether their proposed union should go forward or be shot down - the American and Chinese drug research outfits have issued a new call for ratification of the plan

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Charles River, WuXi PharmaTech CEOs Issue Joint Appeal For Shareholder Support For Deal

BEIJING - The heads of the Massachusetts-based Charles River Laboratories and the Shanghai-headquartered WuXi PharmaTech issued a joint appeal calling for shareholders to rally in support of the proposed union of the two contract research organizations during near-simultaneous votes four weeks from now

Impromptu Objections Filed With SEC Could Threaten Charles River's Proposed Merger With China's Leading CRO

BEIJING - A New York-headquartered money management outfit that is the largest shareholder in Charles River Laboratories International has unexpectedly thrown up a potential blockade in the drug research firm's $1.6 billion proposal to acquire China's WuXi PharmaTech

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A regular roundup of commercial stories appearing in Scrip’s sister publication PharmAsia News, whose multilingual team of regional experts provides authoritative business intelligence focused on the Asian marketplace. Full stories can be accessed by clicking on the story title (subscription required).

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