Amgen (NASDAQ: AMGN) and ShanghaiTech University today announced the two organizations have entered into a memorandum of understanding (MOU) to form a strategic partnership for the advancement of biopharmaceutical discovery and translational research in China.
This agreement includes plans for Amgen to open a China research and development (R&D) center at ShanghaiTech University. “Amgen and ShanghaiTech University share mutual goals of scientific excellence and rigor and will benefit from each other’s strength and expertise in advancing biopharmaceutical discovery in China,” said Sean E. Harper, M.D., executive vice president of Research and Development at Amgen. “Expansion into China is a business priority for Amgen and opening this R&D center is another clear and important step forward in Amgen’s commitment to the China market.”
Under the terms of the MOU, Amgen will co-locate its China R&D center with ShanghaiTech University’s two life science institutes: the Shanghai Institute for Advanced Immunochemical Studies (SIAIS) and the iHuman Institute.