Frontage and Fanghui Pharma launch $10 million collaboration

28 February 2012

Emerging Chinese pharmaceutical company Luohe Fanghui Pharmaceutical has launched a new globalization strategy by tapping the pharmaceutical R&D, manufacturing, registration and marketing expertise of Frontage Laboratories, a global contract research organization with operations in the USA and China.

Fanghui has signed the $10 million agreement with Frontage after seeking assistance in growth strategies from a variety of sources. “We selected Frontage based on its success in helping many Chinese pharmaceutical companies develop products for international markets,” said Fanghui chairman Xiyuan Zhao.

Song Li, founder and chief executive of Frontage, added: “This agreement furthers our own plans to provide more infrastructure development, GMP and regulatory guidance, and facility construction consultation to Chinese pharmaceutical companies.”

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