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Touyun Biotech (01332.HK) Enters Strategic Cooperation on Commercialization of Technological Achievements with Shenzhen University
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Touyun Biotech (01332.HK) announced that it has entered into a strategic cooperation agreement with Shenzhen University on the commercialization of technological achievements. Under the agreement, both parties will jointly establish the "Shenzhen UniversityTouyun Biotech Chlamydomonas reinhardtii Joint Research Institute", dedicated to building Chinas Chlamydomonas germplasm resource conservation center, a synthetic biology toolbox, a pilot-scale platform, as well as a talent cultivation and academic exchange center. The company will provide Shenzhen University with a total of RMB5 million in cooperation funding over five years. (de/d)



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