Wyeth invests $282m in Suzhou plant

Pharmaceuticals

Thursday, August 28, 2008 20:02:50

	Wyeth invests $282m in Suzhou plant By STAFF EDITOR Published: March 11, 2008 12:00 PM US pharmaceutical giant Wyeth announced Monday it will invest US$281.58 million (RMB2 billion) to build the world’s largest plant for nutritional products in Suzhou, Jiangsu province, and will shut down its Shanghai plant, the Oriental Morning Post reported. It will be the New Jersey-based company’s largest single investment in China and will bring its total investment ... You are currently reading 61 words of 185 total words in this article. To continue reading this article, you must be a subscriber. Log in now. Buy this article now for $10 USD. Not a subscriber? Start your 7-day free trial now. bookmark \| digg \| Permalink \| Tell a Friend Tags for this article: investment , US , Suzhou , drug	More Articles in Pharmaceuticals > Today’s Daily Briefs E-Mail Sign up for a roundup of the day’s top stories, sent every day. RELATED ARTICLES > Shanghai govt consolidates local drug makers Bristol-Myers Squibb and its China pharma plans Tianjin railway firm sells Shenzhen branch to drugmaker Apeloa subsidiaries buy Zhejiang land for drug R&D BenQ launches hospital and eyes biotech sector Beijing drugmaker sees 1H net profit rise 30% Fosun Pharm 1H net profit up 144%

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