WuXi PharmaTech,
China's leading pharmaceutical R&D service company is proud to announce
today that it, along with Lenovo, Haier, and SinoPec, has been named one of
the top 103 National Innovative Companies awarded by the Ministry of
Science and Technology.
In 2006-the first year of China's "11th Five-Year Plan", the Ministry
of Science and Technology initiated a "Technology Innovation Program" to
foster the development of domestic companies that have achieved outstanding
establishments in technological advancement, brand marketing, system
innovation, and innovative company management and culture as a model
enterprise for nationwide promotion.
Among the 103 companies, 26 state-owned enterprises and scientific
research institutions were recommended by the MST. The competition among
all other nationwide candidates was intense. WuXi PharmaTech received the
award because it has created an innovative "R&D outsourcing" business model
to effectively bring together the human and financial resources, and
science and technology from both western and eastern world.
"I feel honored that we are selected as one of the first group of the
National Innovative Companies," commented Dr. Ge Li, Chairman and Chief
Executive Officer of WuXi PharmaTech. "This again signifies that our
innovative ability and our business model have been recognized by the
government. We greatly appreciate the recognition. Also winning this award
will significantly encourage our employees, and I am confident that with
the government's support of policies in technology, finance, and tax, WuXi
PharmaTech shall be able to become a fully integrated R&D service company
and provide more high-quality and value-added services to our partners."
E WuXi PharmaTech Co., Ltd.
pharmatechs