AstraZeneca has struck a deal with Peking University that will swiftly expand the number of early-stage clinical trials underway in China. AstraZeneca is looking for a much greater involvement in China, both to sell new medicines to the rapidly growing market as well as develop new contacts in the medical and scientific community. Its new Clinical Pharmacology Unit will make investments in new facilities with an eye to training more people and advancing therapies in infections, diabetes, and cardiovascular diseases. Despite a series of controversies over corruption in China's regulatory work, the country continues to attract a tremendous amount of interest from drug developers.
- see this release from AstraZeneca
- read the report on China from MarketWatch
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