Mar 2 2010
WuXi PharmaTech (Cayman)
Inc. (NYSE: WX), a leading pharmaceutical, biotechnology and medical device
research and development outsourcing company with operations in China and the
United States, today announced it has reached an agreement with Johnson &
Johnson Pharmaceutical Research & Development, a division of Janssen
Pharmaceutica N.V. (JANSSEN), to collaborate in the area of preclinical
services.
Under the agreement, WuXi PharmaTech will become a provider of toxicology
and other non-clinical services to JANSSEN. In addition, JANSSEN will provide
training and other services, reimbursed by WuXi, to establish the GLP quality
system and technical capabilities to meet the international standards at
WuXi's toxicology facility in Suzhou, China.
Construction of this facility, the largest in China with 314,000 square
feet of space, was completed at the end of 2008. In 2009, the company hired a
management team with extensive international experience and made substantial
progress in training an initial staff of technicians to perform GLP services.
The facility is currently conducting non-GLP toxicology services, as well as
client-sponsored GLP validation studies to demonstrate our growing
capabilities. The company remains on target to begin offering GLP toxicology
studies by mid-2010.
Commenting on the agreement, Dr. Ge Li, Chairman and Chief Executive
Officer of WuXi PharmaTech, said, "We are pleased to establish this new
partnership with JANSSEN, which builds on our existing agreement to provide
them with integrated pharmaceutical R&D services. We believe that China, with
its high-quality scientific talent and favorable cost structure, is destined
to become a major center for toxicology services over the next decade. We aim
to become a leading provider of these services and to add toxicology to WuXi's
broad, integrated platform of laboratory and preclinical services."
SOURCE WuXi PharmaTech (Cayman) Inc.