AlphaRx Incentivized to Locate in Zhangjiang Park

AlphaRx announced that, as part of its China strategy, it would establish a corporate headquarters in Hong Kong and an R&D facility in Shanghai’s Zhangjiang High-Tech Park. Previously, AlphaRx has said it was seeking partners to help defray the expense of building new facilities, but Zhangjiang Park apparently offered enough incentives to allow AlphaRx to follow a go-it-alone strategy. More details... Stock Symbol: (OTCBB: ALRX)