Linical Co., Ltd. resolved to establish a wholly owned subsidiary in people's republic of China. Linical has an affiliate company in Beijing, China since the acquisition of Accelovance Inc. last year. Linical Accelovance China Ltd. Accelovance America Inc., has been conducting business in China since 2005.(Beijing, hereinafter "LAC") under Linical Accelovance America Inc., has been conducting business in China since 2005. In order to respond to the increasing need for clinical trials in China and to enhance client satisfaction in speed, quality and convenience, Linical intends to establish Linical China Co., Ltd. in Shanghai, China as a wholly owned subsidiary.