Novartis plans to invest in Shanghai

Kovac, Matt
November 2006
ICIS Chemical Business;11/13/2006, Vol. 1 Issue 43, p13
Trade Publication
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.


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