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GlaxoSmithKline Opens Singapore Biologics Vaccine Plant, Creates Endowment Fund

GlaxoSmithKline this week opened a S$600 million ($414 million) vaccine plant in Singapore's Tuas Business Park, in the Asian country's western section. The plant will begin production of GSK's pneumococcal conjugate vaccine, designed to combat meningitis, pneumonia, and blood poisoning, in 2011 following audits from the US Food and Drug Administration and the World Health Organization.

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