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China Breaks Ground on Largest Comprehensive Stem Cell Storage and Processing Facility
Date:4/22/2009

Jiangsu's Minister of Health Guo Qinghua explained Beike's role in the NBPD project saying, "Beike is Jiangsu's leading stem cell biotechnology company and can easily take on the task of building the NBPD. This project is set to become China's largest stem cell research center." Shenzhen Beike Biotechnology was selected as CMC's partner to build, develop and operate the NBPD project.

The new stem cell processing facility includes four centers. The first is the Stem Cell Technology Transfer Center where leading scientists can collaborate and transfer their research to the clinic. The second is the Stem Cell Bank, which will be the largest stem cell bank in Asia with the capacity to store one million samples and facilities for a commercialized iPS bank. The third is the Testing Center, accredited to test the purity, safety, potency and stability of stem cell products. The fourth is the Clinical Technology Service Center, which interfaces the stem cell processing base with hospitals, distribution paths, and offers clinical support services to analyze the outcomes of the stem cell treatments.

Dr. Sean Hu, chairman and CEO of Beike Biotech, praised China Medical City's foresight to develop fertile ground for stem cell technology development both from a regulatory and a funding standpoint. Dr. Hu states, "In the 1970's the US government provided the intellectual property support and venture capital companies offered the funding that allowed the US to leapfrog past Europe to become the leader in biotechnology and pharmaceuticals. China's Medical City is now doing the same and we are starting to see the results of these efforts. Beike feels honored to be able to help China Medical City fulfill its mission of making China the world leader in clinical stem cell technology."

In June 2008, Beike Biotechnology Co. Ltd. opened an 1,800 square-meter stem cell bank in Taizhou, capable of storing 100,000 sam
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SOURCE Beike Biotech Company Co., Ltd.
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