SHANGHAI, April 27, 2016 /PRNewswire/ -- LabNetwork, a WuXi
AppTec company, held a formal signing ceremony in Shanghai announcing strategic cooperation
agreements with 8 top-ranking global chemical providers. With the
vision of connecting suppliers and buyers on LabNetwork's global
platform for research products, the agreements aim to explore
development and speed the time to market of innovative and high
quality research compounds. These partnerships reflect LabNetwork's
commitment to enable scientists anywhere in the world to
leverage the LabNetwork platform to conduct their research more
efficiently and cost effectively.
Based on the data collected by WuXi AppTec in the last 15 years,
LabNetwork has established a strict supplier rating system and
selected the following 8 companies as the first Five-Star Chemical
Service Providers in China:
Shanghai Bide Pharmatech Ltd.; Accela ChemBio (Shanghai) Co. Ltd.; PharmaBlock Inc.; Shanghai
Titan Scientific Co.,Ltd.; Shanghai 9 Ding Chem Scientific Co., Ltd.;
Beijing InnoChem Science & Technology Co., Ltd.; TCI
(Shanghai) Development Co., Ltd.;
and Beijing Ouhe Scientific Co., Ltd..
The eCommerce alliance with so many leading chemical providers
helps to create a new chemical trading model with high quality and
high efficiency. The ultimate goal is to encourage more suppliers
to provide their services in a more transparent and market-driven
way to assist new drug research and development.
"LabNetwork will be a catalyst to enable more efficient and
cost-effective research," said Dr. Xuanjia Peng, the Head of
LabNetwork. "WuXi AppTec has always been dedicated to creating an
open platform for innovation and technology, and LabNetwork is the
ideal channel through which we continue this quest. We spare no
efforts to provide high quality compounds to global end-users in
pharmaceutical discovery and help them to speed up their
research."
LabNetwork Inc., a subsidiary of the WuXi AppTec Group,
leverages the professional knowledge and strength of WuXi in the
areas of new drug development, strategic sourcing, quality control
and global logistics. Through WuXi's depth of experience with
chemical service providers and end-users from all over the world,
LabNetwork connects suppliers and buyers on a global scale,
resulting in a revolutionary eCommerce platform for discovery
compounds.
About WuXi AppTec
WuXi AppTec is a leading pharmaceutical, biotechnology, and
medical device R&D platform company with global operations. As
a research-driven and customer-focused company, WuXi AppTec
provides a broad and integrated portfolio of laboratory and
manufacturing services throughout the drug and medical device
R&D process. WuXi AppTec's services are designed to assist its
global partners in shortening the cycle and lowering the cost of
drug and medical device R&D. WuXi AppTec is also building a
platform to provide clinical diagnostic services directly to
physicians and their patients globally. Please visit:
http://www.wuxiapptec.com.
For further information, please contact:
WuXi AppTec
Aaron Shi
Director of Corporate Communications
+86-21 5046-4362
aaron_shi@wuxiapptec.com
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SOURCE WuXi AppTec