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Baijin Life Science Unit, Foryoung Tie Up for Clinical Cell Therapy Business

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-- Baijin Life Science (HKG:1466) unit Beijing Baijin Biotechnology entered into an agreement with Foryoung Biotechnology for strategic cooperation, according to a Wednesday filing with the Hong Kong bourse.

The parties will cooperate in the clinical cell therapy niche.

Beijing Baijin Biotechnology will be responsible for the R&D, production, quality control, and global supply chain support of various products, with Foryoung Biotechnology integrating its technological capabilities in the process.

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