The first of a major installation of biomedical incubators will be located in Tianjin Development Zone. There will be a $100 million investment in construction and operation and management of about 170,000 square meters R & D and test facilities.
The Tianjin Development Zone, Tianjin Science and Technology Commission and the United States Alexander investment cooperation agreement had a signing ceremony to mark the investment in the zone Service Center.
Anrosoft reports that the Tianjin Binhai New Area will see the bio-pharmaceutical industry emerging as a leading industry.
The region has been in biotechnology research, development and industrialization and has the unique advantage of a group of universities and research institutions which are in the forefront of the world’s biotechnology research.