|
|
Article: Lummy Pharma to construct new production base in Chongqing.
- Article from:
- China Business News
- Article date:
- September 14, 2009
CopyrightCOPYRIGHT 2009 Gale acknowledges Publisher's copyright in the text of the Publication and shall place users of that text on notice of that copyright interest. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Lummy Pharma to construct new production base in Chongqing
Shanghai. September 14. INTERFAX-CHINA - Chongqing Lummy Pharmaceutical Co. Ltd. plans to construct a new production base in Chongqing Municipality's Chayuan New District, state media reported on Sept. 14.
According to China Business News, Lummy Pharma will invest RMB 144.22 million ($21.12 million) in the new production base, which will specialize in anti-infective drugs. The company plans to finance the project by using funds it raises though listing on the Shenzhen Stock Exchange's Growth Enterprise Market. It will submit an application to the China Securities Regulatory Commission on Sept. 17 ...