Tianjin International Joint Academy Of Biotechnology And Medicine, Genzyme Enter Into Strategic Part

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13th May 2010, 05:20pm - Views: 891





Business Company Tianjin Economic-Technological Development Area (TEDA) 1 image

Business Company Tianjin Economic-Technological Development Area (TEDA) 2 image










MEDIA RELEASE PR39535


Tianjin International Joint Academy of Biotechnology and Medicine, Genzyme Enter into Strategic

Partnership


TIANJIN, China, May 13 /PRNewswire-Asia-AsiaNet/ --


    A signing ceremony for a strategic partnership agreement between Tianjin International Joint Academy of

Biotechnology and Medicine (TJAB) and Genzyme Corporation was held in the Tianjin Economic-

Technological Development Area (TEDA) on 10 May.


    Officials and executives including Rao Zihe, President of TJAB and President of Nankai University, He

Shushan, Director of TEDA Administrative Commission and Standing Committee Member of the CPC

Committee of the Binhai New Area, Li Baochun, Deputy Director of the Tianjin Municipal Science and

Technology Commission, Huang Yalou, Director of the Binhai New Area Science and Technology

Commission, Zhang Yaozhou, Vice president of TJAB, Richard Gregory, Senior VP and Head of Research,

Genzyme, Canwen Jiang, Vice President and Head of R&D Asia, Genzyme, and Shan Jizhong, General

Manager of Genzyme Beijing Biotechnology Co. Ltd, attended the signing ceremony.


    Genzyme is one of the world's ten leading biotechnology companies. The company has grown to a

diversified enterprise with more than 12,000 employees in locations spanning the globe and 2009 revenues of

US$4.5 billion. The company is committed to developing and applying the most advanced technologies in life

sciences, with the research and development efforts spanning a range of medical areas including

cardiovascular disease.


    TJAB, co-founded by the Ministry of Science and Technology, the Ministry of Commerce, the Ministry of

Health, the State Food and Drug Administration and the Tianjin Municipal People's Government, officially

opened in June 2009. As the core and symbol of the BioMed Zone, the academy received RMB1.1 billion of

investment from the Tianjin Binhai New Area which was used to install specialized apparatus and devices.

Leveraging its one-stop service system and dedicated public technology platform, TJAB has been committed

to accelerating the process from new drug development to industrialization. 


    The strategic partnership between TJAB and Genzyme in the fields of application and translational

research, preclinical and clinical study, diagnostic testing and therapy, as well as doctoral and postdoctoral

education training will help quickly and successfully bring the company's innovative drugs to China, promoting

innovation and development of the Chinese biopharmaceutical industry. 


    SOURCE:  Tianjin Economic-Technological Development Area (TEDA)
















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