Zhejiang Medicine wins supply contract.
Zhejiang Zhejiang (jŭ`jyäng`) or Chekiang (chĕ`kyăng`), province (1994 pop. 43,410,000), c.40,000 sq mi (103,600 sq km), SE China, on the East China Sea. The capital is Hangzhou. Medicine Co., Ltd. (SH: 600216) announced on May 8th that
it has signed a supply agreement of vancomycin vancomycin (văn'kōmī`sĭn), antibiotic resembling penicillin in the way it acts. It is derived from the bacterium Streptomyces orientalis, which was isolated from soil of India and Indonesia. hydrochloric acid hydrochloric acid: see hydrogen chloride. hydrochloric acid or muriatic acid
Solution in water of hydrogen chloride (HCl), a gaseous inorganic compound. with
USA's Hospira Inc. Under the agreement, Zhejiang Medicine will
provide vancomycin hydrochloric acid to Hospira from April 30th, 2008 to
December 31st, 2017. The total contract is valued at approximately
US$120 million.
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