MEDIA RELEASE PR38061
Changzhou to Develop Bio-pharmaceutical Incubator
CHANGZHOU, Jan. 27 /PRNewswire-Asia-AsiaNet/ --
'Longcheng Pharmaceutical Hub' to Help 200 Enterprises Over Five Years
On January 16, a foundation laying ceremony for the Changzhou Bio-pharmaceutical
Incubator -- an innovative technological medium with international standards, with
Changzhou Fangyuan Pharmaceutical Co., Ltd. as the principal developer -- was held in
the Changzhou National High-Tech District, Jiangsu province. 15 enterprises under
incubation were officially inducted during the event, while total investment for the
project amounts to RMB520 million. The key areas of development are innovative
pharmaceuticals, diagnostic reagents, medical engineering and outsourcing of
pharmaceutical research and development, providing the required resources for the
development of the bio-pharmaceutical industry.
"The goal of the incubator is to harvest 50 enterprises, develop 1,000 high-quality
industry talents and realize annual revenue of about RMB10 billion among the 200
enterprises under incubation over five years," said Fangyuan Pharmaceutical's Chairman
Jin Xiaoyong.
Ma Hongjian, Deputy Director of the China National Center for Biotechnology
Development; Fan Yanqing, the Changzhou Municipal Party Committee Secretary; and Xia
Bing, Deputy Department Chief of the Jiangsu Province Science and Technology Department,
were among the speakers who extended their congratulations. Dai Yuan, Standing
Committee Member of CPC, Changzhou Municipal Committee, hosted the ceremony.
Fan Yanqing said the Municipal Party Committee and Municipal government have already
listed the pharmaceutical industry as one of the "top five industries" to be fostered
and supported. Despite the financial crisis last year, Changzhou's bio-pharmaceutical
industry continued to grow by 20%. Developing the bio-pharmaceutical incubator is
significant to Changzhou's bio-pharmaceutical industry development.
Xia Bing noted that this is a significant event for the bio-pharmaceutical industry
throughout the entire province and marks a new round of development for the Changzhou
bio-pharmaceutical industry. He indicated that the provincial Science and Technology
Department would further enhance the guidance and service of Changzhou's bio-
pharmaceutical industry, and would work together to turn Jiangsu Province into a key
base for the bio-pharmaceutical industry.
Changzhou Fangyuan Pharmaceutical Co., Ltd. is a key national level high-tech
enterprise with four research and development institutions, including the Jiangsu
Province Semi-synthetic Antibiotic Engineering and Technology Research Center and
Jiangsu Province Microbiology Pharmaceutical Engineering and Technology Research Center,
and two workstations for academics and graduate students.
Contact:
Wang Zhongliang
Changzhou National High-Tech District
Jiangsu Province 213022
Tel: +86-519-8512-7305
Fax: +86-519-8511-5905
Email: w_zongliang@sohu.com
SOURCE Changzhou National High-Tech District
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