Sinopharm and Merck to Form JV

The Merck Group and Sinopharm (China National Pharmaceutical Group Corporation)announced on July 27th the signing of a statement of mutual intent.Under the statement,Sinopharm and Merck will cooperate on HPV vaccine and other mutually-selected vaccineproducts in China, and will also discuss the potential for promoting and marketing Merck’spharmaceutical products in China.The drug giant Merck expects to establish a joint venture with Sinopharm, one of the top