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Bayer Opens Shanghai Incubator to Nurture Innovation

publication date: Sep 26, 2024

Germany’s Bayer opened its newest life science incubator, Bayer Co.Lab Shanghai, in Shanghai’s Zhangjiang Park. The company positioned its newest outreach center as part of the company’s external innovation strategy. The facility offers open collaboration with China startups on a ‘no strings attached’ basis. Bayer says the new Shanghai incubator is evidence of its commitment to innovative investing in China, which remains a key market for Bayer that it wants to expand. While many outside biopharmas have become cautious about their China activities, Bayer is increasing its presence. More details....

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