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Charles River Lab to acquire WuXi PharmaTech:report

India Infoline News Service / 18:46 , Apr 26, 2010

U.S. clinical research company Charles River Laboratories International had agreed to buy China's WuXi PharmaTech (WX.N) for US$1.6 bn to expand its global footprint in contract research and drug development services, according to a report.

The report stated that the sales agreement has been unanimously approved by the boards of directors of both companies.

 



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