SHANGHAI, China, July 10 /Xinhua-PRNewswire/ -- WuXi PharmaTech (NYSE: WX),
a leading pharmaceutical, biotechnology and medical device research and
development outsourcing company with operations in China and the United States,
today announced that it was awarded one of the top 20 "China Most Innovative
Enterprises" and its CEO Dr. Ge Li was named one of the top 10 "Most
Innovative Leaders of Chinese Enterprises" at the 8th China Enterprise
Innovation Forum held in Beijing last month.
(Logo: http://www.newscom.com/cgi-bin/prnh/20040705/CNM002LOGO )
Having successfully run for seven years, China Enterprise Innovation Forum
aims to stimulate innovation by Chinese companies and help construct China
into an innovative country. Commemorating the 30th anniversary of China's
reform and opening up, this year's annual forum was attended by a number of
high-ranking government officials. The nomination committee consisting of
various leading experts and scholars from the National Development and Reform
Commission, State-owned Assets Supervision and Administration Commission of
the State Council, Research Office of the State Council, Chinese Academy of
Social Sciences and Peking University, took six months to select the winning
companies and individuals. The selection was based on four criteria:
innovation, public trust, impact and enabling force.
WuXi PharmaTech won the award because it is the pioneer and leader in
China's rapidly growing pharmaceutical R&D outsourcing service industry; a
research driven and customer-focused company that has shown the world that
high-quality drug R&D and strict IP protection in China are attainable; a
responsible corporate citizen committed to environmental and social welfare;
and it is an undeniable force that is replacing the "Made in China" model with
"Innovated in China".
"It is a great honor that WuXi is named one of the top-20 most innovative
companies in China. I am very glad that our integrated service business model
is recognized once again by the Chinese government as an innovation. China is
becoming an increasingly important part of the global drug and medical device
value chain. I hope with more government support the modern service industry
in China will become more sophisticated and mature," commented Dr. Ge Li,
Chairman and CEO of WuXi PharmaTech.
About WuXi PharmaTech
WuXi PharmaTech is a leading pharmaceutical, biotechnology and medical
device R&D outsourcing company, with operations in China and the United States.
As a research-driven and customer-focused company, WuXi PharmaTech provides
pharmaceutical, biotechnology and medical device companies a broad and
integrated portfolio of laboratory and manufacturing services throughout the
drug and medical device R&D process. WuXi PharmaTech's services are designed
to assist its global partners in shortening the cycle and lowering the cost of
drug and medical device R&D. For more information, please visit:
http://www.wuxipharmatech.com .
For more information, please contact:
Sherry Shao
Tel: +86-21-5046-4002
Email: pr@pharmatechs.com
SOURCE WuXi PharmaTech (Cayman) Inc.