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19/03/2012  l  Vemedia Pharma sets up a Joint Venture in Hong Kong

Vemedia Pharma of Kortrijk, Belgium continues its geographic growth, for the first time in Asia. The company has signed a joint venture contract with BMI and Larry Lam of Shine Resources Ltd. Larry Lam holds 49% of the shares, Vemedia and BMI, a Belgian government backed investment fund, together hold 51% of the shares. The existing OTC business of Shine Resources will be used as a platform to introduce Vemedia's products in Hong Kong and other Asian markets. It is planned to open an office i...

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