Bayer expands global life science incubator network
Berlin: Bayer AG has announced the global expansion of its life science incubator network, Bayer Co.Lab, to Shanghai, China, and Kobe, Japan.
This move establishes new sites for the Bayer Co.Lab program at the hotspots of innovation in China as well as in Japan. Recognizing that innovation can emerge from any part of the world, this expansion strategically broadens Bayer’s external innovation network, elevating the importance of early-stage incubation. It enhances Bayer’s access to innovations while offering biotech start-ups access to both physical facilities and comprehensive support, ensuring an environment conducive to growth.
“Expanding the Bayer Co.Lab incubator network is a key element of our company’s innovation strategy – finding solutions for pressing healthcare challenges and unmet medical needs through collaborative approaches”, said Juergen Eckhardt, M.D., Head of Pharmaceuticals Business Development, Licensing & Open Innovation at Bayer AG. “Through the Bayer Co.Lab program we can identify early-stage innovations and serve as a catalyst driving the best ideas toward realization.”
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