Livzon Pharma Plans $300 Million Bio-Tech Park in Zhuhai

Livzon Pharmaceutical unveiled a plan to develop a 2 billion RMB ($300 million) bio-tech park in Jinwan District, Zhuhai of Guangdong Province over the next five to eight years. As a first step, the company will invest 116 million RMB in a biological agency project in the park, which will become operational in 2012. More details.... Stock Symbol: (SHEN: 000513)