Major U.S. drugmakers team with Asian counterparts for R&D

06/11/2008 | Bloomberg Businessweek

Western pharmaceutical companies are making strategic alliances and outsourcing deals with research institutes and drug development companies in China and India, sharing technology and biological data they would have kept secret in years past. The report in BusinessWeek says it is too soon for any new drugs to come out of these ventures, but Asian companies have reached key research milestones ahead of schedule.

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