Viropro, Inc. (VPRO)

[bazirgani]

News.. Reuters:
Zhejiang Huahai Pharmaceutical Co Ltd Announces Cooperation with ONCOBIOLOGICS
Monday, 6 May 2013 08:00pm EDT

Zhejiang Huahai Pharmaceutical Co Ltd announced that it will sign agreements with ONCOBIOLOGICS, regarding the strategic alliance, cooperative management, joint venture, joint development and technology license on biotechnology medicines. According to the agreements, the Company will receive licenses on four kinds of biological medicines and will set up a joint venture in the United States for joint development of the biological medicines. The Company and ONCOBIOLOGICS will also set up a joint venture in China, which will be engaged in research and development of biological medicines and application of technologies.

This would be great for Viropro.