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Vaxin deal may signal maturation of Birmingham biotech industry

A South Korean firm’s $3 million Vaxin Inc. investment represents an incremental yet significant milestone for Birmingham’s burgeoning biotech community, industry experts said.

Vaxin recently announced a joint venture with AnC Bio Group giving the Innovation Depot-based company access to research and manufacturing operations in South Korea. Vaxin will receive $2 million in cash and an additional $1 million to launch the joint venture.Read Full Article

posted in: Alabama, News

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