China Infrastructure Construction Corp (OTCMKTS:CHNC) is down 13% in a week. The company is expanding its clinical research services to Latin America with a new alliance/agreement with an IPS medical clinic, QUIASMO, which is based in Bogota, Columbia.
Market Reaction:
On Monday, CHNC stock fell 3.57% at $0.0027 with more than 18.93 million shares, compared to its average volume of 43.63 million shares. The stock has moved within a range of $0.0027 – 0.0030 after opening the trade at $0.0027.
CHNC Ventures Into Latin American Country for Extension of Its Clinical Research Facilities
The company’s CLO Anne Graham said that its Alpha Research institute had expanded its services in Puerto Rico. Now, it has signed an agreement with a clinic in Columbia to extend Alpha ion Latin America. Graham said QUIASMO is a clinic offering a wide range of services covering family medicine, infectiology, nutrition, psychology, general medicine, sample collection, and nursery.
The interdisciplinary experienced professional team at the clinic will be led by Dr. John Jairo Carvajal, who has a Master’s in HIV Management. Carvajal has expansive expertise in integral comprehensive catastrophic pathologies care. The move to expand in Latin America is a logical step for the company. Alpha Research Institute Clinical Director Deepika Deol said that they need to continue expanding to international markets for the company to grow. Investors should watch CHNC in the coming days.
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