SHANGHAI, China, Aug. 11 /Xinhua-PRNewswire/ -- WuXi PharmaTech, China’s leading pharmaceutical R&D service company is proud to announce today that it, along with Lenovo, Haier, and SinoPec, has been named one of the top 103 National Innovative Companies awarded by the Ministry of Science and Technology.
(Logo: http://www.newscom.com/cgi-bin/prnh/20040705/CNM002LOGO )
In 2006-the first year of China’s “11th Five-Year Plan”, the Ministry of Science and Technology initiated a “Technology Innovation Program” to foster the development of domestic companies that have achieved outstanding establishments in technological advancement, brand marketing, system innovation, and innovative company management and culture as a model enterprise for nationwide promotion.
Among the 103 companies, 26 state-owned enterprises and scientific research institutions were recommended by the MST. The competition among all other nationwide candidates was intense. WuXi PharmaTech received the award because it has created an innovative “R&D outsourcing” business model to effectively bring together the human and financial resources, and science and technology from both western and eastern world.
“I feel honored that we are selected as one of the first group of the National Innovative Companies,” commented Dr. Ge Li, Chairman and Chief Executive Officer of WuXi PharmaTech. “This again signifies that our innovative ability and our business model have been recognized by the government. We greatly appreciate the recognition. Also winning this award will significantly encourage our employees, and I am confident that with the government’s support of policies in technology, finance, and tax, WuXi PharmaTech shall be able to become a fully integrated R&D service company and provide more high-quality and value-added services to our partners.”
For more information, please contact: Sherry Shao WuXi PharmaTech Tel: +86-21-5046-4002 Email: shao_yuyang@pharmatechs.com
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20040705/CNM002LOGOAP Archive: http://photoarchive.ap.orgPRN Photo Desk, +1-888-776-6555 or +1-212-782-2840WuXi PharmaTech Co., Ltd.
CONTACT: Sherry Shao of WuXi PharmaTech, +86-21-5046-4002, orshao_yuyang@pharmatechs.com
