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ShangPharma Corp (ADR) (SHP) [hlAlert]

down 29.80 %

SHANGPHARMA CORPORATION (SHP) rated Outperform by William Blair

Posted on: Friday,  Dec 3, 2010  3:25 PM ET by William Blair

William Blair rated Outperform ShangPharma Corp (ADR) (NYSE: SHP) on 12/03/2010, when the stock price was $12.75. Since
then, ShangPharma Corp (ADR) has lost 29.80% as of 03/27/2013's recent price of $8.95.
If you would have followed this William Blair's recommendation on SHP, you would have lost 29.8% of your investment in 845 days.

ShangPharma Corporation (ShangPharma) is a China-based holding company. The Company is a pharmaceutical and biotechnology research and development (R&D) outsourcing company. It provides a range of high-quality, integrated services across the drug discovery and development process to international and Chinese pharmaceutical and biotechnology companies. Its services consist of discovery chemistry, discovery biology and preclinical development, pharmaceutical development and biologics services. It has a diversified and loyal global customer base. It provides services to over 100 customers, including pharmaceutical and biotechnology companies. In January 2011, the Company commenced operations at its Fengxian facility, which will operate as a wholly owned subsidiary under the name of China Gateway Pharmaceutical Development Co. Ltd. In October 2011, the Company through its subsidiary Shanghai ChemPartner Co. Ltd. (ChemPartner), acquired Charles River Laboratories International, Inc.

The Equity Research department provides the firm's clients with in-depth investment analysis and investment recommendations. Acting as the company's laboratory for new investment ideas, it specializes in providing investment analysis on quality growth companies. Located together in our Chicago office, our equity analysts currently follow a universe of nearly 360 companies.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/3/2010 3:25 PM Buy
as of 12/31/2010
1 Week up  9.57 %
1 Month up  17.47 %
3 Months   
1 YTD up  17.47 %

(*) Stock Price at the time of the recommendation.
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