News | News By Subject | News by Disease News By Date | Search News
Get Our FREE
Industry eNewsletter
email:    
   

China NT Pharma and Sinopharm Group to Set Up Drug Distribution JV


4/2/2013 12:13:32 PM

by Richard Daverman, PhD

April 2, 2013 -- China NT Pharma Group, a mainland China company that distributes and promotes pharmaceuticals, signed a memorandum of understanding with Sinopharm Group to form a “special purpose entity” that will market and sell vaccines and cold-chain pharmaceutical products. The new JV will be located in Shanghai with capital of 200 million RMB ($32 million). China NT Pharma will contribute 30% of the capital. More details....

Stock Symbols: (HK: 01011) (HK: 01099)


Read at ChinaBio Today


comments powered by Disqus
   

ADD TO DEL.ICIO.US    ADD TO DIGG    ADD TO FURL    ADD TO STUMBLEUPON    ADD TO TECHNORATI FAVORITES