biotech-center
Pfizer to invest $350 million in China biotech hub, first in Asia
June 28, 2016 by creative · Leave a Comment
Pfizer Inc will invest $350 million to build a biotech center in China, the latest in a series of moves by pharma industry giants to set up shop in the world's no. 2 drugs market with the aim of securing faster approvals for their products. The facility in eastern Hangzhou region – Pfizer's first biotech center in Asia – is expected to be completed by 2018, the firm said in a statement on Tuesday. Global “Big Pharma” is increasingly looking for smart ways to tap China's healthcare market…
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Pfizer to invest $350 million in China biotech hub, first in Asia