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Sinobiomed Wins Sorely Needed Grant for Malaria Vaccine

Aggregated Source: China Stocks News and Analysis from Seeking Alpha
January 10, 2008|

Sinobiomed (SOBM.OB) announced its China subsidiary received a government subsidy of 9 million RMB ($1.24 million) to continue development of its malaria vaccine. According to Sinobiomed, the grant is the largest ever bestowed on a China biopharma.

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