Vazyme Releases 2021 Annual Report: Announces More Efforts in Technology innovation and Together with Partners for a Better Future

ByArlen Simpelo

Jun 2, 2022 , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

NANJING, China, June 1, 2022 /PRNewswire/ — Vazyme, China’s main biotechnology organization, has not too long ago launched its 2021 once-a-year report, revealing that the enterprise has taken care of a regular and good development during the past 12 months. The report displays that it has accomplished $289 million in operating earnings with an boost of 19.44% year-on-yr. The firm’s R&D investment decision reached $36 million, up 83.47%, symbolizing 12.33% of its complete running revenue.

“The yr 2022 is nevertheless full of alternatives and troubles. We will go on to strengthen treatment technology centered on the protein technological innovation platform. Vazyme has been dedicated to our mission ‘Science and Engineering Make a Much healthier Life’ to focus on technological know-how innovation and consistently increase the software fields of care systems in daily life science, biomedicine, in vitro diagnostics, animal wellness and synthetic biology in human well being. We have been holding ourselves to go after the maximum criteria in good quality of products and solutions and solutions for our clients and associates. Our world business community and functions make sure we could be close to the regional markets, and additional importantly, to do as significantly it can to meet up with the unmet customers’ needs”, stated Cao Lin, chairman and founder of Vazyme.

This yr also marks the Vazyme’s 10th anniversary. Going ahead, the enterprise designs to ramp up initiatives in R&D and innovation, repeatedly enhance and remodel its core systems, and develop business in new sectors. As one particular of the number of R&D-centered biotech company in China, Vazyme retains a longstanding motivation in engineering innovation. In excess of 2000 papers have been released by Vazyme in best educational journals all over the world, including extra than 260 in CNS(stands for Mobile, Mother nature, Science). By 2022, it has some 3000 personnel and 27% of that are in the R&D workforce.

“Seeking in advance, we will make further inroads in our vital enterprises and broaden into new domains. I believe that the market need for COVID-19 and other linked detection resources and solutions will go on to be powerful. All through the pandemic, China has remained a person of the premier provider for COVID-19 detection products.” said Cao. In addition to pandemic-induced detection corporations, other normal detection goods will be even more created, according to Cao. “When the avoidance and handle of the pandemic develop into standard, there will be new requires for detection solutions. In the long run we will emphasis on the growth of that,” added Cao.

Vazyme can not only provide COVID-19 and other related detection resources and merchandise, but only present various merchandise and methods in life-science industry for universities, laboratories, and relevant R&D facilities, these kinds of as scientific research reagents, NGS Library Prep Kits and molecular diagnostics options. At the moment, Vazyme has over 200 kinds of genetic engineering recombinases, much more than 1,000 forms of substantial-functionality antigens, monoclonal antibodies, and other key uncooked supplies, in addition to around 600 completed products.

As Vazyme’s 10th anniversary slogan “Jointly for a Greater Upcoming”, Vazyme aims to get close to its companions for a improved upcoming. In the upcoming, Vazyme will give superior solutions and remedies, contribute to boost R&D effectiveness for its companions, know more scientific breakthroughs and dedicating to the mission “Science and Engineering Make a Much healthier Lifestyle”.

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Source Vazyme