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» 23/07/2009 [Company watch]
China Aoxing Pharmaceutical Corp. Receives Renewal of GMP Certification for Capsule Dosage Form of Pharmaceutical Products
» 15/03/2010 [Industry news]
Recordati S.p.A And Lee Pharmaceutical Announce Partnership For Zanidip(R) In China
» 26/10/2009 [Finance]
China Growth to Remain Fast in Fourth Quarter, Official Says
» 17/08/2009 [Industry news]
Chindex Posts Profit on Product Sales, Health Services
» 07/05/2010 [Industry news]
Hong Kong: Recall of all products manufactured by Quality Pharmaceutical Lab Ltd
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Bioduro
»19/11/2009 [Company watch]
CROllup- PPD continues China acquisitions, will take over BioDuro

The deal is expected to be completed in the fourth quarter this year.

 
Pharmaceutical Product Development announced November 18 that it plans to take over BioDuro LLC for an undisclosed amount, according to finance.yahoo.com. The deal is expected to be completed in the fourth quarter this year. Both PPD and BioDuro are US-based drug development contract research organizations (CRO) with branches in Beijing, where BioDuro operates a 110,000 square-foot laboratory. PPD has indicated that its acquisition of BioDuro will allow it to expand its capabilities and increase its workforce to nearly 1,000 people in China. PePD recently announced plans to acquire 100% of Excel PharmaStudies, a China-based CRO that primarily provides phase II to IV clinical trial services.

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