Article: Sundia MediTech receives second round of financing.

Sundia MediTech receives second round of financing

Shanghai. January 18. INTERFAX-CHINA - Sundia MediTech Co. Ltd., an emerging pharmaceutical contract research organization (CRO), has closed its second round of financing from a group of investors worth tens of millions of U.S. dollars, a company official told Interfax yesterday.

"We have just closed the series B financing deal with a group of investors from the United States, Japan and China," Tang Ming, Sundia MediTech's chief operating officer, said. "We hope with the financing, we can speed up the process of becoming an integrated CRO services provider." In July 2005, the company closed its first ...

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