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Reed Exhibitions, Sinopharm form joint venture to produce events in China

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Beijing—Reed Exhibitions and China National Pharmaceutical Corp. (Sinopharm) will partner in a joint venture to produce events for the pharmaceutical and medical industries in China. Under the terms of the agreement, Sinopharm has agreed to sell a 50% share of its subsidiary, China Pharmaceutical Exhibition Corp., to Reed Exhibitions and to form a new joint venture called Reed Sinopharm Exhibitions Co. CPEC is China's leading organizer of trade shows and events for pharmaceutical products, medical devices and other health care products.
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