The Beijing Economic and Technological Development Area signed a strategic cooperation contract with Sinopharm on Oct 17 with a focus on cooperation in research and development in the pharmaceutical industry.

Two other cooperation agreements were also signed. One was between the BDA management committee and Sinopharm regarding a new Chinese drug brand campaign involving Sun E-town (Beijing) Technology Culture Group Co and Chinese Journal of New Drugs Co, and the other was an agreement of strategic cooperation between Beijing E-town Capital and Sinopharm financial leasing Co.

The BDA and Sinopharm will deepen cooperation in many areas and support establishment and promotion of industry clusters in the massive health industry.