DSM Nederland B.V. Forms Joint Venture with North China Pharmaceutical

June 25, 2007 -- DSM, a large Dutch chemical and nutrition company, will carve out the anti-infectives part of its pharma business, putting them into a joint venture with North China Pharmaceutical Corporation. The move may be a precursor to a divestiture of the business in the future, though the immediate goal is to find additional business partners for the unit. DSM said it thinks this strategy holds the most promise over the long run. DSM and North China have a long history together. The rest of the story...