| Babraham welcomes UK's first Traditional Chinese Medicine hub |
| Written by Ben Fountain | ||||
| Monday, 03 December 2007 | ||||
Page 1 of 2 The first Traditional Chinese Medicine company to establish a base in the UK has settled into a new bioincubator at Babraham Research Campus near Cambridge.The XiangCam TCM Research Centre (XiangCam) is a pioneering collaboration between Chinese enterprise and academic institutions in China and the UK. It aims to illuminate the science underpinning TCM theories and practice, facilitating interaction between Eastern and Western practices, and ultimately to deliver solutions to the unmet needs of global healthcare in the 21st century. Her Excellency Madame Fu Ying, Ambassador of the People's Republic of China, officially opened 'Meditrina', the newest Bioincubator building at the Babraham Research Campus, where XiangCam has settled. Dr David Hardman, CEO of Babraham Biosciences Technologies (BBT) said: “Not only is Xiangxue the first overseas bioventure in our facilities, it is also the 50th biomedical company to locate to the Babraham Research Campus since the Bioincubator opened in 1999.” This is the first time that Chinese Pharma has invested in a Traditional Chinese Medicine research organisation in the UK. “Traditional Chinese Medicine is very popular in China and it is important to represent it to the world,” said Mr Wu Jun, CEO of XiangCam. “XiangCam will bring together blue sky TCM collaborative research in the UK; research projects are already underway. We believe that this model of inter-university collaborative research projects between China and the UK will foster future cross-border collaborations and pave the way for further Chinese Bio-enterprises to be incubated at the Babraham Research Campus.” Sir Robin Young, chairman of East of England International, who nurtured the introduction to Cambridge, said: “In future, cross-border collaboration between universities and businesses to reduce development lead times and costs and secure competitive advantage will become increasingly important.” |
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