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American CRO Charles River Reacts To Global Crisis, Falling Profits With Plans To Close One U.S. Facility While Expanding In China

This article was originally published in PharmAsia News

Executive Summary

BEIJING - Hit in sucession by the West's economic meltdown, foreign exchange losses and declining business from American pharmaceutical and biotech outfits, Charles River Laboratories is responding with plans to close one U.S. testing center and to expand operations in still-rising China

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