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Hainan Haiyao Uses Knowshine to Develop Antibiotic Intermediate


4/9/2012 2:56:32 PM

April 8, 2012 -- Hainan Haiyao will invest 20 million RMB ($3.2 million) to develop production technology of 7-ACCA, a cephalosporin antibiotic intermediate, with Shanghai Knowshine. 7-ACCA is the key intermediate of cefaclor. Most of China’s cefaclor is imported because domestic companies cannot produce 7-ACCA. Knowshine, which was established in 2006 in Shanghai’s Zhangjiang Hi-Tech Park, specializes in developing manufacturing methods of APIs and intermediates. More details....

Stock Symbol: (SHE: 000566


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