Dezhan Healthcare Ties Up With CAE's Academician Yang Baofeng to Set Up Drug-Developing Workstation

MT Newswires Live

2024/12/19

Dezhan Healthcare (SHE:000813) signed a cooperation agreement with Chinese Academy of Engineering's academician, Yang Baofeng, to establish an academician expert workstation in the company's affiliated enterprises, according to a Shenzhen Stock Exchange disclosure on

The workstation will develop drug and health products for the cardiovascular and cerebrovascular, tumors, metabolic system diseases, pulmonary hypertension, neurology and psychiatry fields.

The agreement is valid for five years but can be extended upon negotiation, the Chinese healthcare company said.

The company's shares closed less than 6% lower.

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