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Arix And China's Fosun Ink A Strategic Partnership

 
• By John Davis

A new strategic partnership has been forged between Arix Bioscience and China's Fosun International to develop new business opportunities in China.

Shanghai
Shanghai, the birthplace of Fosun International • Source: Shutterstock

A strategic tie-up between the UK-based company creator and builder, Arix Bioscience PLC, and the China-focused Fosun International Ltd., announced Feb. 19, will give rise to the two partners working together to invest in, and create, new companies that will develop innovative clinical therapies in a broad range of therapeutic areas, with an emphasis on the Chinese market.

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