Doma landed in BioBAY to jointly create new drug research and development innovation highland
On October 20, Doma announced the official start of its operation and plans to build its new drug development headquarters in Suzhou Industrial Park. Doma was established in Suzhou BioBAY in September 2021. Led by Biocytogen and supported by three major central enterprises, China Life, PICC and State Development and Investment Corp., as well as CMB International and Suzhou Industrial Park, the project involves the joint construction of an innovative drug incubation center and the investment of the first phase is expected to exceed RMB 1 billion.
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