Navigation Links
ShangPharma Receives Strategic Investment from TPG
Date:10/30/2007

Best Positioned to Broaden Offerings in the Pharmaceutical Value Chain

HONG KONG, Oct., 30 /Xinhua-PRNewswire/ -- ShangPharma Corporation ("ShangPharma" or the "Group"), a leading China-based pharmaceutical and biotechnology research and development outsourcing company, today announced that leading global private investment firm TPG, through its TPG Growth Fund and TPG Biotech Fund (collectively known as "TPG"), has invested over US$30 million into the Group.

Headquartered in Shanghai, ShangPharma, through its subsidiaries (in particular Shanghai ChemPartner ("ChemPartner") and Shanghai ChemExplorer ("ChemExplorer"), is a leading contract research provider in China of services in lead generation, lead optimization, synthetic chemistry, library design and production, process research, and pharmaceutical development with focuses on pre-formulation development and analytical service. Its customers are mostly international pharmaceutical, biotech, agrochemical and chemical companies, which include many of the top 10 pharmaceutical and biotechnology companies in the world. The Group is also a key outsourcing partner to the world's largest innovation-driven pharmaceutical corporation.

Mr. Sing Wang, Partner and Managing Director of the TPG Growth Fund, and Mr. Geoff Duyk, M.D., D. Phil., Partner and Managing Director of the TPG Biotech Fund, joined ShangPharma's board of directors.

"We are delighted to have TPG as our cornerstone investor," said Mr. Michael Hui, CEO of ShangPharma. "Backed by TPG's financial strength and industry expertise in the global biotechnology sector, this strategic alliance will be instrumental for the Group's business expansion beyond chemistry outsourcing and in providing more integrated drug discovery and early development services. "

"With our base in Shanghai, home to one of the largest pools of professional talent and biotechnology expertise, we benefit from the cost and resource advantages that China's p
'/>"/>

SOURCE ShangPharma
Copyright©2007 PR Newswire.
All rights reserved

Page: 1 2 3 4

Related biology technology :

1. Medical College receives $377K to study brain disease
2. Lucigen receives $750K grant to boost biofuel yields
3. Medical College receives $1.4M cancer grant
4. Wisconsin biotech firm receives $107K NIH grant
5. InvivoSciences receives NIH grant for heart technology
6. Medical College receives $11 million grant to study high blood pressure
7. Madison business receives $115,000 of new state biofuels funding
8. Superior receives funds for technical training
9. UWM receives state funding for plastics research
10. GEs Centricity EHR receives federal certification
11. WHIE receives state eHealth Initiative contract
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/29/2014)... NASA technologists have hurdled a number of significant ... already revolutionary observing technology originally created for the ... by Principal Investigator Harvey Moseley, a scientist at ... has demonstrated that electrostatically actuated microshutter arrays ... voltage are as functional as the current ...
(Date:7/29/2014)... Bellingham, WA (PRWEB) July 29, 2014 ... manipulation of the brain that are driving a revolution ... a new peer-reviewed journal published by SPIE, ... The first issue coincides with the launch of the ... section features articles that lay out a vision for ...
(Date:7/29/2014)... --  Sequenom, Inc. (NASDAQ: SQNM ), ... solutions, and Mayo Medical Laboratories (MML), the ... the United States , have announced a license ... "We have great appreciation for Mayo Clinic,s commitment ... the opportunity to partner with the organization,s leading clinical ...
(Date:7/29/2014)... , July 29, 2014 Human Longevity, Inc. ... company focused on extending the healthy, high performance human ... Och , Ph.D., an expert in machine learning and ... comes to HLI from Google where he was Distinguished ... will report directly to HLI Co-Founder and CEO, ...
Breaking Biology Technology:Revolutionary microshutter technology hurdles significant challenges 2Revolutionary microshutter technology hurdles significant challenges 3Revolutionary microshutter technology hurdles significant challenges 4SPIE Launches 'Neurophotonics' Journal with Special Section on BRAIN Initiative 2SPIE Launches 'Neurophotonics' Journal with Special Section on BRAIN Initiative 3SPIE Launches 'Neurophotonics' Journal with Special Section on BRAIN Initiative 4Sequenom Enters Into License Agreement With Mayo Medical Laboratories 2Sequenom Enters Into License Agreement With Mayo Medical Laboratories 3Sequenom Enters Into License Agreement With Mayo Medical Laboratories 4Franz Och, Ph.D., Expert in Machine Learning and Machine Translation, Joins Human Longevity, Inc. as Chief Data Scientist 2Franz Och, Ph.D., Expert in Machine Learning and Machine Translation, Joins Human Longevity, Inc. as Chief Data Scientist 3
... historians, journalists and politicians, and has been recounted everywhere from ... forces used chemical weapons on Iraqis just after World War ... squared with the historical record, says R. M. Douglas, a ... the December issue of The Journal of Modern History ...
... at the University of East Anglia (UEA) could contribute ... agricultural waste to generate clean electricity. Published today ... National Academy of Sciences (PNAS), the researchers have ... some bacteria survive by ,breathing rocks,. The findings ...
... roadside bombs to freeway crashes. Traumatic injury, the leading cause ... the body,s natural blood-clotting process. In an effort to ... a new Case Western Reserve University biomedical engineering professor, and ... that show promise in halting internal and external bleeding. Their ...
Cached Biology Technology:Despite claims, UK did not gas Iraqis in the 1920s, new research finds 2Despite claims, UK did not gas Iraqis in the 1920s, new research finds 3Despite claims, UK did not gas Iraqis in the 1920s, new research finds 4'Rock-breathing' bacteria could generate electricity and clean up oil spills 2Researchers take the inside route to halt bleeding 2
(Date:7/29/2014)... optical methods and applications for imaging and manipulation of ... neurosciences were the inspiration behind Neurophotonics , a ... for optics and photonics. , The first issue coincides ... United States, and a special section features articles that ... the impact that optics and photonics will have on ...
(Date:7/29/2014)... As the climate warms and sea ice retreats, the ... season of increasingly open water which is predicted to ... of this century. Storms thus have the potential to ... a new and unpredictable element to the region. , A ... waves in the middle of the Arctic Ocean, and ...
(Date:7/29/2014)... science, researchers sometimes need to get back to ... that to study the impacts of the bumphead ... ecosystems at two remote locations in the central ... and computer simulation, McCauley, an assistant professor in ... and his colleagues sought to understand whether the ...
Breaking Biology News(10 mins):SPIE launches Neurophotonics journal with special section on BRAIN Initiative 2SPIE launches Neurophotonics journal with special section on BRAIN Initiative 3Huge waves measured for first time in Arctic Ocean 2Huge waves measured for first time in Arctic Ocean 3Underwater elephants 2Underwater elephants 3
... 22, 2010) -- Experiments by a team of researchers ... that questions the common belief that the pterygotid eurypterids ... This group, which ranged the seas from about 470 ... appeared), included the largest and, arguably, scariest-looking arthropods known ...
... -- What can scientists learn from watching a group ... happily making new friends? Quite a lot, says University ... this sort of group in a fatigue management study ... Journal of the Acoustical Society of America. Their ...
... 22, 2010) In three monthly injections, researchers transplanted ... oxide nanoparticles (SPIO) into the lateral cerebral ventricle of ... brain injury. The study, published in the current ... freely available online at http://www.ingentaconnect.com/content/cog/cm , found ...
Cached Biology News:Pterygotid sea scorpions: No longer terror of the ancient seas? 2Measuring fatigue through the voice 2Cord blood cell transplantation provides improvement for severely brain-injured child 2
... NovaTaq DNA Polymerase is a premium ... polymerase. This thermostable enzyme is suitable for ... ensure the highest purity and reproducible performance, ... variety of quality control assays. NovaTaq DNA ...
Mouse monoclonal [H4B4] to LAMP2 - Lysosome Marker (Phycoerythrin) ( Abpromise for all tested applications). entrezGeneID: 3920 SwissProtID: P13473...
... Directly compatible with ABI thermal cyclers, QPCR ... sealing characteristics can be sealed with ... strips, Certified free of DNase, RNase and ... Thermo Fisher Scientific, the world leader in ...
BD BioCoat Vented Caps for 175 cm2 Flasks...
Biology Products: