An international biological medicine innovation center opens in Shanghai

chinadaily.com.cn Updated:2018-01-09

An international biological medicine innovation center opened at Shanghais Free Trade Zone, according to a news report published on Pudong website on Jan 8.

The center was co-founded by WuXi Pharma Technology company and Shanghai UDC company.

The center is the first large-scale incubation platform of biology medicine industries and in the future it will develop into an internationally influential industrial cluster, which includes several functions such as project screening, incubation, investment and financing, and equity transactions.

The center aims to promote the development of industries of Shanghai's Free Trade Zone and create a center of technological innovation, introduce the development of the industry of biological medicine of Shanghai and advance the transform and upgrading of industries in the industrial park.

Moreover, the center will make full use of its advantages to provide a series of services, such as scientific trainings, technical guidance, and project financing for the researchers and experts who are working in the field of biological medicine.


An international biological medicine innovation center opens at Shanghais Free Trade Zone. [Photo provided to chinadaily.com.cn]

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