Merck dissolves Simcere JV amid rapid China changes

Once hailed as the model for global going local in China, a joint venture created merely three years ago between Merck and Simcere has quietly faded into history. Does the move signal that the JV model is not working in China?

Once hailed as the model for global going local in China, a joint venture created merely three years ago between Merck and Simcere has quietly faded into history. Does the move signal that the JV model is not working in China?

The Merck & Co and Simcere Pharmaceutical joint venture was born to rounds of applause. After all, the JV Simcere...

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