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Chinese pharma firm to open U.S. operation in Montgomery County

Tasly Group, one of China’s leading biopharmaceutical companies, will invest $40 million in a new U.S. operation in Montgomery County, marking the largest investment in Maryland by a Chinese company. The announcement came Thursday during Gov. Martin O’Malley’s economic development trip to Asia. The company said in a release that it plans to open a 430,000-square-foot production ...