Pfizer & Shanghai Pharmaceutical Sign Partnership Memorandum
The companies plan to explore future cooperation opportunities, including further distribution and commercialization, research and development activities, manufacturing and equity investment opportunities.
Shanghai Pharmaceutical Co. Ltd. and Pfizer Inc. announced yesterday the signing of a memorandum of understanding for the companies to jointly pursue potential business opportunities in China.
The companies are currently exploring a potential cooperation for the registration, commercialization and distribution in China of an innovative Pfizer product. In addition, the companies plan to explore future cooperation opportunities, including further distribution and commercialization, research and development activities, manufacturing and equity investment opportunities.
The companies also expect to strengthen their existing cooperation for the promotion of Pfizer's Prevenar (7-valent) a pneumococcal conjugate vaccine, approved for use in China f
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