|
BIZCHINA> Direct Investment
![]() |
|
Related
Glaxo to double China R&D staff in next few years
(Agencies)
Updated: 2008-07-08 17:17 GlaxoSmithKline Plc, the world's second-largest drugmaker, plans to double its research and development staff in China to 350 people in the next few years, an executive said on Tuesday. The company currently employs 170 R&D staff in China and plans to boost that to 200 by the end of this year and to 350 within another year or so after that, said Carol Zhu, head of operation management and alliances in Glaxo's China research and development unit. "We will not grow so fast as we want to grow our core competence right now. We are also limited by the facilities ... so we cannot host more people," Zhu said on the sidelines of an industry event. Glaxo's "end to end" center in Shanghai focuses on drug discovery, pretrials and clinical trials. Zhu added that staff levels would remain fixed for three or four years after the increase, while the company would expand its facilities to accommodate further growth thereafter. China is expected to become the world's fifth-biggest pharmaceuticals market by 2010, according to Research and Markets. Glaxo's head of research said last year that China was set to become the new crucible of the global biotechnology industry, in the way that California was 30 years ago, and was key to its plans to step up its investment in biotech medicines. The company had said it aimed to employ up to 1,000 people at its research center in Shanghai by 2010. Emerging markets are a focus for all major drugmakers, which hope to tap growing demand for modern medicines among the middle classes at a time when demand in developed markets is slowing. Other major drug companies with a research presence in China include Novartis AG, AstraZeneca Plc, Pfizer Inc and Roche Holding Ltd. IMS, a healthcare information provider, forecasts pharmaceutical sales growth of 12 to 13 percent a year in countries such as China, India, Brazil, Russia, Mexico, South Korea and Turkey, while mature markets grow at a low single-digit percentage rate. (For more biz stories, please visit Industries)
|
主站蜘蛛池模板: 富阳市| 安龙县| 类乌齐县| 普格县| 新建县| 梓潼县| 潜江市| 固安县| 河北区| 庆城县| 雷山县| 丹棱县| 泸西县| 深州市| 通河县| 威海市| 大冶市| 贵南县| 武汉市| 张家界市| 昌平区| 稻城县| 洮南市| 凤山县| 龙岩市| 栾城县| 从江县| 红原县| 华池县| 鞍山市| 东乌| 涞源县| 策勒县| 北川| 柘荣县| 瓦房店市| 兴安盟| 苍山县| 呈贡县| 田东县| 金门县| 灵台县| 丁青县| 灵寿县| 菏泽市| 万山特区| 翁牛特旗| 通榆县| 友谊县| 黄冈市| 义乌市| 海丰县| 会泽县| 松溪县| 嘉鱼县| 定远县| 衡阳县| 东兰县| 会宁县| 土默特右旗| 崇州市| 额尔古纳市| 瓮安县| 资中县| 宁阳县| 吉首市| 沧州市| 绥滨县| 日土县| 双柏县| 宝山区| 阿勒泰市| 白银市| 鄢陵县| 灌阳县| 赞皇县| 海门市| 繁昌县| 泰顺县| 陵川县| 额尔古纳市| 密云县|