|
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: 福清市| 斗六市| 碌曲县| 吉安市| 广饶县| 晋州市| 和硕县| 仁怀市| 中山市| 堆龙德庆县| 阳曲县| 通山县| 木兰县| 鄂尔多斯市| 伊金霍洛旗| 白沙| 台中县| 桐柏县| 阿巴嘎旗| 辉南县| 章丘市| 深泽县| 手游| 和平区| 乾安县| 弥勒县| 拉孜县| 秦皇岛市| 承德市| 深泽县| 云南省| 顺义区| 丰台区| 太白县| 平武县| 阳春市| 安阳县| 乃东县| 万载县| 万荣县| 湛江市| 瓦房店市| 建阳市| 外汇| 旬邑县| 奎屯市| 葵青区| 赤水市| 砀山县| 萨迦县| 安阳县| 赣榆县| 斗六市| 会泽县| 龙川县| 沈阳市| 高要市| 科技| 金坛市| 萍乡市| 广安市| 遵义市| 任丘市| 海阳市| 正阳县| 榆树市| 江阴市| 吉木乃县| 乌兰察布市| 那曲县| 衡南县| 博罗县| 施甸县| 马公市| 凌云县| 壤塘县| 内丘县| 胶州市| 曲阜市| 昌乐县| 句容市| 建德市|