Vietnamese, Indian firms team up to bring stem cell technology to Vietnam
Stem cell technology from India will soon be imported into Vietnam.
![](http://media.hanoitimes.vn/2021/05/14/logo_hntimes.png)
Hanoi-based Hoang Lam Pharmaceutical and Cosmetic has signed an agreement with Stempeutics Research Private Limited, based in Bangalore, India, to bring stem cell technology to Vietnam.
The signing of the MoU between Hoang Lam Pharmaceutical and Cosmetic and Stempeutics Research Private Limited. Photo: VNA |
Under the agreement signed on July 31 during the Vietnam-India Business Forum in New Delhi, Stempeutics will grant Hoang Lam exclusive distribution rights for stem cell products in Vietnam. The Vietnamese business will be able to use cutting-edge stem cell techniques and advances in Vietnam.
The two companies will also work together to establish a laboratory in Vietnam. Research products will be tested in some selected tertiary hospitals.
Hoang Lam will provide the Indian company with the necessary assistance to obtain regulatory approvals for research and testing of stem cell products in Vietnam.
Stempeutics has the world's first approved stem cell product for the treatment of symptoms associated with diabetes and bone and joint conditions.
Other News
- Vietnam Airlines to partner with Hong Kong International Airport
- Vietnamese, Indian firms team up to bring stem cell technology to Vietnam
- Marriott International to open upscale resort in Vietnam
- Techcombank wins awards for excellence from The Asian Banker
- Vingroup chairman still Vietnam’s wealthiest businessman: Hurun report
- 50 business leaders discuss future of AI at international conference ICISN 2024
- Maersk plans to build Vietnam’s largest deep-water port
- FPT Long Chau forms partnership with IHH Healthcare Singapore
- New agreement enhances Vietnam-Singapore tourism cooperation
- New Oakwood Hospitality location in Quang Ninh
Trending
-
Back to their roots: Why Vietnamese students are returning home after studying abroad?
-
Vietnam news in brief - September 10
-
Hanoi's lively Mid-Autumn Festival a century ago
-
Mid-Autumn Festival-inspired art on display in Hanoi's Old Quarter
-
Vietnam seeks to boost labor exports to Russia
-
Super typhoon Yagi weakens to tropical depression: Heavy rain, flooding, landslides expected
-
Typhoon Yagi inflicts severe damage to Northern power infrastructure
-
Green consumption for sustainable development in Hanoi businesses
-
Vietnam seeks further contributions from overseas Vietnamese