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Recently, Tianjin Anda Group has signed an agreement with Arthro Kinetics PLC from UK. They will co-invest 305 million Yuan to establish Arthro Kinetics (Tianjin) Anda Biology Tech. Co. Ltd in Tianjin FTZ Airport Industrial Park. It is the first R&D and producing company in Asia Pacific region in the area of technologies and products of human being articular cartilage cells cultivate and transplantation.This project has been named in Municipal Science and Technology Innovation Fund in 2007 and State Ministry of Science and Technology ¡°863¡± Project. As plan, it will start construction in April 2007 and will finish and put into operation in June 2008. In 2010, it will be expected to reach the annual revenue of 165 million Yuan.
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