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Livzon Pharma to Invest $300 Million in New Bio Facilities

Oct. 17, 2010

On October 18, 2010, the Livzon Pharmaceutical Group Inc. signed a framework agreement with the Zhuhai Municipal Government to invest RMB 2 billion in new biological facilities in the city over the next five to eight years.
Of the total sum, the company intends to invest some RMB 115 million in a biological agency facility in a park, which is expected to become operational in 2012.