Home Vazyme and Yimiao Shenzhou Announce Joint Venture to Advance Cell Therapy for Alzheimer's Disease

Vazyme and Yimiao Shenzhou Announce Joint Venture to Advance Cell Therapy for Alzheimer's Disease

Aug 29, 2025 15:20 CST Updated 15:20
Imunopharm

Developer of Gene and Cell Therapy Technologies

Nanjing Vazyme Biotech Co., Ltd. (688105.SH) announced that the company has signed a "Cooperation Development Agreement" with Beijing Yimiaoshenzhou Medical Technology Co., Ltd. to jointly establish a biopharmaceutical company. The company will hold 50% of the shares, and Beijing Yimiaoshenzhou Medical Technology Co., Ltd. will also hold 50%. The registered capital of the joint venture is 40 million yuan, of which Nanjing Vazyme Biotech Co., Ltd. will contribute 20 million yuan. Both parties will leverage their respective industrial platforms and technical advantages in AD screening and cell therapy drug fields to carry out investment cooperation projects, including the development of MSC and NK cell therapies.