Quintiles will invest $14 million to build a regional headquarters for China in Shanghai’s Feng Lin Science Park; Ascepion Pharma of Suzhou out-licensed worldwide rights for an oncology drug candidate to Debiopharm Group™ of Switzerland; Gentris signed a MOU with the Shanghai Institutes of Preventive Medicine (SIPM) to collaborate on genomic biomarkers; NeoStem will divest its 51% interest in its China subsidiary, Suzhou Erye Pharmaceutical, for $12.3 million in cash; China Medical Technologies bondholders filed a petition to force the company into bankruptcy after it missed a payment; and Xiamen Innovax Biotech expects to launch Hecolin, its hepatitis E vaccine, in China later this year. More details…. Stock Symbols: (NYSE: NBS) (OTCBB: CMEDY) Share this with colleagues: var switchTo5x=true; stLight.options({publisher:'d7871f5b-67bc-4d30-b66f-1465d0b97213'});