CAS, local governments to jointly set up a biomedical institute in Suzhou
An agreement was recently inked between CAS and the governments of Jiangsu Province and Suzhou City to co-establish the CAS Institute for Biomedical Technology and Engineering in Suzhou, an economic powerhouse in China's Yangtze delta.
This is the second joint venture of the three parties. The first one is the CAS Suzhou Institute of Nano-tech and Nano-bionics, of which the construction is underway.
According the agreement, the 300 million yuan (about $43 million) investment for the establishment of the new Suzhou institute will be shared by the three sides with 50 million yuan from CAS and the rest from the local governments.
Focusing on the innovation and integrative research of applied materials, medical equipment and related technology transfer, the institute strives to be an important R&T platform for China's biomedical engineering, an innovation center and a base for technology transfer and talent training.