Bayer launches life science incubator in Shanghai

9 October 2024

German pharma major Bayer (BAYN: DE) has announced the opening of its new life science incubator, Bayer Co.Lab Shanghai.

Located in the Shanghai Innovation Park, part of China’s largest biopharma cluster in Zhangjiang, the site forms part of Bayer's global Co.Lab network, which includes hubs in the USA, Japan, and Germany.

The new facility is designed to foster collaboration within the biotechnology ecosystem, offering state-of-the-art laboratories, collaborative workspaces, and tailored support for start-ups, with the aim of boosting local innovation throughout the biopharma value chain.

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