Baijin Life Science signs strategic cooperation pact with Foryoung Biotechnology on cell therapy

PUBT·05/06/2026 09:21:37

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Baijin Life Science entered strategic cooperation framework agreement via indirect unit Beijing Baijin with Foryoung Biotechnology to develop clinical cell therapy products.
Beijing Baijin to lead R&D, manufacturing, quality control, global supply chain support; parties to set unified compliance standards.
Foryoung Biotechnology to contribute expert team, patents, market capabilities; aims to speed clinical translation of cell therapy programs.
Cooperation structured as non-binding framework; subject to further definitive agreements.
Announcement cited China State Council Order No. 818, effective May 1, 2026, as tightening regulation of clinical research and clinical translation for new biomedical technologies.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Baijin Life Science Holdings Limited published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260506-12148882), on May 06, 2026, and is solely responsible for the information contained therein.

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