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October 14, 2012
SOTIO representatives signed a contract for the lease of office and laboratory space at the “Huilongsen International Business Incubator (Beijing) Co., Ltd.” biotechnology park in Beijing, China this September. The park is located in the southern part of Beijing known as Yizhuang – one of the Chinese capital’s centers of residential and economic development.
On nearly 4,000 m2 in a five-story building, SOTIO will establish offices and its own superclean laboratory and production facility meeting the strict demands for the sterile preparation of medicines and for its own research activities in the field of cell therapy.
Yizhuang Science and Technology Park
In more than ten years, this park has become the headquarters for numerous international companies such as Bayer, GE, Bosch, and Nokia, with total investments reaching roughly 25 billion US dollars. Huilongsen International Business Incubator is a certified industrial park that has focused on biotech companies in recent years.