TITLE

Novartis plans to invest in Shanghai

AUTHOR(S)
Kovac, Matt
PUB. DATE
November 2006
SOURCE
ICIS Chemical Business;11/13/2006, Vol. 1 Issue 43, p13
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the plan of pharmaceutical company Novartis to invest $100 million to build a research and development center in Shanghai, China to access the country's talent, and to lower the cost of bringing drugs to market. The move follows several high-profile investments by multinationals keen to exploit Chinas lower-cost base, despite problems protecting intellectual property rights.
ACCESSION #
23194742

 

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