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Qilu Pharma Announces $1 Billion Biopharma Park in Jinan

publication date: Aug 16, 2013
Qilu Pharmaceutical will spend 6 billion RMB ($1 billion) to construct a biopharmaceutical park in its home town of Jinan, located in eastern China’s Shangdong Province. The 8 million square foot park will include an R&D facility, a manufacturing plant for cancer treatments and a monoclonal antibody drug facility. The company said it will seek to establish cooperative projects with global top 20 pharmas to take advantage of the expanded capacity provided by the park. More details....

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