Buoyant biotech hub draws Merck KGaA to Shanghai
Shanghai’s flourishing biopharmaceuticals sector has attracted a major investment from Germany’s Merck KGaA (MRK: DE).
The company has opened a biomanufacturing facility to provide a full range of process development capabilities and services: “Including cell line development, upstream and downstream process development and non-GMP clinical production.”
The move represents a reversal of the traditional role of Western companies in China, where local CMOs have offered global giants a way to reduce costs through outsourcing.
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