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goBalto Partners With ChinaBio to Expand Its List of Contract Research Organizations
Date:4/30/2009

Over 260 China-based Contract Research Organizations and Contract Manufacturing Organizations Now Available on goBalto.com

SAN FRANCISCO, April 30 /PRNewswire/ -- goBalto, an online drug development partnering site for the pharmaceutical development and drug manufacturing industry, announced today that ChinaBio(R) LLC is making its proprietary list of over 260 China-based Contract Research Organizations (CROs) and Contract Manufacturing Organizations (CMOs) available on goBalto.com. goBalto recently launched their web-based platform that enables members to quickly and efficiently find partners, share knowledge and discover opportunities.

ChinaBio tracks the biotech and life science industries in China, one of the leading countries for clinical trials outsourcing. Its proprietary list of CROs and CMOs listed on goBalto is divided into two categories: "Sourced by ChinaBio" and "Reviewed by ChinaBio." The "Sourced by" designation indicates that ChinaBio has identified these CROs and CMOs as actively operating in China and that information on the company is maintained in its database. "Reviewed by" indicates that ChinaBio has visited the facility, met with senior management and reviewed the company's specific capabilities. Over 40 of the CROs/CMOs listed on goBalto have been reviewed to date.

"We're delighted that ChinaBio, a leading consultancy in China, has agreed to make its proprietary list available to the goBalto community," said Jae Chung, founder and CEO, goBalto. "Interfacing ChinaBio's list to our platform enables users to more quickly and easily evaluate the leading CROs and CMOs in the region and become informed about the exciting, high-growth china market."

"goBalto is providing a very valuable service to the drug development community, and we're happy to be par
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