News

July 13, 2017

Fudan University to run innovation center in Waigaoqiao

Shanghai Fudan University and Xin Development Group signed a contract recently to set up a research and innovation center in Waigaoqiao, Pudong New Area.

With approval from the Ministry of Science and Technology and the Ministry of Education, the new center will promote technology transfer and utilization, serve as an incubator for tech startups, and provide training for entrepreneurs.

The center can draw resources of Fudan University Science Park and enjoy favorable policies of the Shanghai Pilot Free Trade Zone.

More than 400 technology companies are already operating in Waigaoqiao area, including WuXi AppTec, US Pharmacopeial Convention, Delphi, and a number of incubators for pharmaceutical startups.