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Saturday, November 21, 2009 8:51 PM

Published 11/04/2009 by PipelineReview


Novartis announces USD 1 billion investment to build largest pharmaceutical R&D ...

* Novartis Institute of BioMedical Research in Shanghai, an integral part of the Novartis global R&D network worldwide, to rank third largest for Novartis worldwide

* Additional USD 250 million invested in advanced technical R&D and manufacturing facility opening in Changshu, furthering...

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What others report on the same story

Pharma’s Hiring! (In China)
The global drug industry’s long push into China continued today, as Novartis said it plans to spend $1 billion to expand its R&D center in Shanghai. Dow Jones has ... - [11/03/2009 - WSJ.com: Health Blog]
Novartis announce details of $1billion investment
announced today a $1 billion investment over the next five years, increasing R&D activities in China and confirming ' long term commitment to China's further economic ... - [11/03/2009 - Pharmacy Europe]
Novartis To Invest US$1 Bln In China To Build L... - [11/03/2009 - RTTNews.com]
Novartis invests $1B for R&D in China - [11/03/2009 - Philippine Daily Inquirer]
Novartis to invest billion dollars in China - [11/03/2009 - France24 - Business]
Novartis to invest billion dollars in China - [11/03/2009 - France24 - france]
Novartis to invest billion dollars in China - [11/03/2009 - France24 - europe]
Novartis to invest billion dollars in China - [11/03/2009 - France24 - Middle East]
Novartis to invest billion dollars in China - [11/03/2009 - France24 - Africa]
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Quotes

"We are confident that our expanded investment in R&D will result in innovative therapies for patients in China and other countries nurtured by the growing scientific excellence in China." said Dr Daniel Vasella...
...CEO of Novartis. "We are also pleased to contribute to the Shanghai government's aim to establish the city as the premiere R&D center for China's bio-medicine industry by 2012, as Novartis is committed to investing to further the Chinese government's strategy for stimulating economic growth, stability and enhancing the livelihood of the Chinese people."

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ChinaBio Today submits: Novartis (NYSE: NVS) continued its mega-investments in China by announcing it will spend $250 million to expand its global technical center ...
Novartis Pays $125 Million for Tianyuan Stake [DealBook - 11/04/2009]
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Week in Review: Major Investments in China Biot... [Biotech Sector and Stocks Analysis from Seeking ... - 11/08/2009]
ChinaBio Today submits: China life science news last week was dominated by stories of substantial foreign investments in China’s pharmaceutical sector. The Swiss ...
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