|
|
Article: Microbix and Hunan Biopharmaceutical To Build Asia's Largest Influenza Vaccine Facility.
- Article from:
- Vaccine Weekly
- Article date:
- November 11, 2009
CopyrightCOPYRIGHT 2009 NewsRX. 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)
|
Microbix, (TSX:MBX) a developer of a patented technology that doubles the output of influenza vaccine production, announced it has signed a joint venture agreement with the Hunan Biopharmaceutical Co. Ltd. (a Hunan Province state-owned enterprise) for initial financing to construct Asia's largest influenza vaccine production facility and the third largest vaccine plant in the world (see also Flu Vaccines).
Today's agreement forms an equal partnership joint venture to build and operate a $200-million facility, located in Changsha National Biomedical Park near Changsha City, the capital of Hunan Province, which will have the capacity to produce more than 100 million ...