Wednesday, 26 June 2019

India signs MoU with Chinese medical zone

28 February 2019 | News

Both governments will support and facilitate matchmaking of companies and research institutes from their respective regions.

image credit- affinitylifesciences.com

image credit- affinitylifesciences.com

At the recently held BioAsia 2019 event, Asia’s largest Biotechnology and Life-sciences forum and the annual flagship event of the Government of Telangana in India, an MoU was signed between the Government of Telangana, India and Taizhou Medical Hi-Tech Development Zone (Taizhou Zone) supported by the Government of Taizhou, China. 

Under the MoU valid for 2 years, the Chinese Medical Zone and the Telangana Government have discussed and agreed to share the know-how and offered to support and assist the research in the field of life sciences, biotechnology and medical devices along with identifying new technologies and industry requirements with a view to expand the public industrial service platforms in the industrial cities.

They will support and facilitate matchmaking of companies and research institutes from their respective regions, in the related fields towards R&D, regulations, manufacturing practices, commercialization and other areas of mutual interest.

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