Changzhou To Develop Bio-pharmaceutical Incubator

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28th January 2010, 01:00am - Views: 1189

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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.  



     Wang Zhongliang

     Changzhou National High-Tech District

     Jiangsu Province 213022

     Tel:   +86-519-8512-7305

     Fax:   +86-519-8511-5905


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SOURCE  Changzhou National High-Tech District

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