COMMONWEALTH BIOTECHNOLOGIES, INC. AND PHARMAUST, LIMITED LAUNCH STRATEGIC ALLIANCE; AGREEMENT EXTENDS COMPANY'S GLOBAL REACH TO PACIFIC RIM

Commonwealth Biotechnologies, Inc. and PharmAust, Ltd, an Australia-based biotech services company have signed a Strategic Alliance and Client Referral Agreement to co-market their services to the life sciences industry. The agreement will provide for ready access of customers to the largely complementary combined capabilities of the two organizations, and enable better overall solutions to be developed on the demanding timescales required by clients in the life sciences industry.

Genetic Engineering News (http://www.genengnews.com/news/bnitem.aspx?name=3360365)