Chinese pharma companies look West
By Liu Jie in Beijing and Cecily Liu in London | China Daily | Updated: 2013-05-20 07:38
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Zhejiang Hisun Pharmaceutical Co's pavilion at a fair in Beijing. By setting up a joint venture with US-based Pfizer Inc in September, Hisun made a breakthrough in China's pharmaceutical industry by taking a controlling stake in the JV with Pfizer, the world's largest drug-maker by sales. Provided to China Daily |
Many seek partnerships, mergers and acquisitions to build brands
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