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Commonwealth and Venturepharm Form CRO JV

publication date: Apr 3, 2008
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Commonwealth Biotechnologies, Inc. and Venturepharm Laboratories Ltd have formed a China-based joint venture that will provide a continuous spectrum of outsourcing services. The move came after Venturepharm bought a 39% stake in CBI. The 2.15 million block of shares, which had previously belonged to PharmAust Ltd., has a market value of $5.85 million. More details...

Stock Symbols: (NSDQCM: CBTE) (HKEX: 8225)

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