BeiKe Bio-Tech To Set Up Asia’s Largest Stem Cell Base
This article was originally published in PharmAsia News
Executive Summary
Shenzhen Beike Bio-Tech has signed an agreement with the administrative commission of China Medical City to jointly establish Asia's largest stem cell base, which can hold one million people's stem cells. Beike will provide the initial investment of 30 million yuan. The base will include an R&D institute, stem cell engineering R&D center, stem cell bank and clinical application. Beike has built a stem cell application network by transferring technology to biomedical collaborators that provide patients with personalized therapy. The income generated will be shared with the partners. This innovative business model does not focus on drug discovery, thus reducing the investment risk and time frame of more than 10 years associated with traditional therapeutics. (Click here for more - Chinese Language)