As a wholly-owned subsidiary of 3B Scientific Corporation in China, 3B Pharmachem Int’l (Wuhan) Co., Ltd. was registered in Wuhan East Lake High-Tech Development Zone in July 2005, and was founded by Ashley Xu, who did postdoctoral research at College of Pharmacy, the University of Illinois at Chicago during 1994-1997, received her MBA degree at the Kellstadt Graduate School of Business, DePaul University in July 2002, and worked as Quality Professional in Diagnostic Division, Abbott Laboratories during 2000-2003. 3B Pharmachem is mainly engaging in R&D, production and sales of APIs, intermediates, fine chemicals, biochemical reagents and natural products. With the registered capital of $128,000 (one million RMB in exchange) and authorized self-managed import and export rights, the company boasts for its tens of thousands of regular products and more than 500 medium and large pharmaceutical, chemical and biotech companies in Europe, North America, Japan, and Korea etc.