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Genentech and Taiwan Company Partner on AIDS Drug

publication date: Sep 17, 2007
A new Taiwan biotech company will finish development of an HIV/AIDS drug from Genentech. The company hopes to have the drug on the market in a short three years. TaiMed Biologics was formed with the help of a $20 million infusion from the National Development Fund of Taiwan, an investment that gives the Fund a 40% stake in the company.  More details...


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