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EnviroTech :: Biotech
DSM and Sinochem Explore Collaboration in Biotechnology
12:21 AM MST | January 19, 2012 | Deepti Ramesh
Sinochem (Beijing) says that it has signed a memorandum of understanding with DSM on January 18, to explore opportunities for cooperation in the field of biotechnology, building on their existing cooperation in anti-infectives. DSM and Sinochem completed a deal in August 2011 to establish a 50-50 jv for the DSM Anti-Infectives business. Sinochem acquired a 50% stake in DSM Anti-Infectives for €210 million, creating DSM Sinochem Pharmaceuticals (DSP; Hong Kong). DSP develops, produces, and sells raw materials, intermediates, and active pharmaceutical...
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