ChinaBio Today Release: Britain and China Announce $155 Million Drug Development Partnership

June 21, 2011 -- China pharmas will collaborate with their counterparts in England to develop 30 new drugs over the next ten years. The plan, which is sponsored by both governments, involves almost 1 billion RMB ($155 million). Britain will contribute about $17 million of the total. The plan was announced by Dr. David Wilkinson, who represented Britain’s National Institute for Medical Research. The NIMR is the largest institute supported by the Medical Research Council, a government entity. More details...

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