BioBay Investor Forum 2008: By 2015, Yangtze River Delta Will Boast World’s Largest CRO Cluster

Eastern China's Yangtze River Delta is expected to host the single largest cluster of contract research organizations (CRO) by the year 2015, according to an industry insider at the BioBay Investor Forum 2008 in Suzhou on Aug. 28. "By 2015, China will be ahead of India in chemistry research and development even though India's drug manufacturing sector is stronger than China's. I think the largest cluster of CRO activities in the world will converge in the Yangtze River Delta, comprising Shanghai and Suzhou cities," said Kewen Jin, chief executive officer of Charles River Laboratories Preclinical Services-China . More details... Stock Symbols: (NYSE: CRL) (NYSE: WX) (OTC Pink Sheets: RHHBY)(NYSE: NVS) (NYSE: AZN) (NYSE: GSK) (NYSE: LLY) (NYSE: JNJ) (NYSE: PFE) (NYSE: ABT) (NYSE: SNY)