Recently, the Chinese liquor giant Wuliangye Group signed cooperation agreement with Sichuan University’s Huaxi Hospital to co-build health products, which would make good use of both sides’ edges.
An innovation research institute would be set up by Wuliangye and the university hospital, which would be a non-profit institution. In the future, both sides would use this platform to develop health wine, health food and high-end bio medicines.
The agreement would also see the setup of a high-end physical test center by these two entities. (Source: news.sina)