Linical Co., Ltd. Announces the Establishment of an Affiliate Company in People’S Republic of China
March 01, 2019 at 07:15 am IST
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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.
Linical Co., Ltd. is a Japan-based company mainly engaged in the contract research organization (CRO) business for drug companies. The Company operates in two businesses. The CRO segment is engaged in the provision of contract monitoring, quality management and consulting services for phase II and phase III in drug development processes. The Pharmaceutical Sales Support segment is engaged in provision of pharmaceutical sales support for medical institutions in the downstream market.