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Krka sets up joint venture with Chinese partner

Novo Mesto, 18 November - The Novo mesto-based pharma company Krka and its Chinese partner Ningbo Menovo Pharmaceutical have set up a joint venture Ningbo Krka Menovo Pharmaceutical. Krka holds a 60% stake in the new company. Its initial capital will total EUR 30m and it will be led by a three-member board of directors.

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