TeamNuBiz Ltd. is a technology incubation company based in South Korea, established to help MedTech Startups solve technical difficulties, making NRDO (No Research Development Only) to create customized BIZ Service from MedTech product planning to development, manufacturing and sales. 

TeamNuBiz participated in the online brokerage event, TEKTiTE: Digital Economy 2023 held by DeltaTech-Korea Ltd (DTK), had a B2B meeting with the Chinese company Yaohai Bio-Pharmaceutical, a global industry leader in CRDMO service provider, focusing on Microbial Expression Systems, it provides customized end-to-end solutions from DNA design and synthesis, microbial strain engineering and construction to drug substance manufacturing in GMP or non-GMP level and products fill & finish across diversified modalities. 

Both companies, Yaohai a pharmaceutical Bio Sector and TeamNuBiz a Medical Device Sector, have agreed to cooperate with each other by signing a MOU, where they will exchange contacts of clients with pharmaceutical CRDMO needs, and clients that have newly medical device development needs respectively, which result in creating a collaborative synergy effect of “Sales Swap” in the long-term partnership. 

The partnership established between the companies is essential for improving the results of both, providing increased competitiveness, market expansion and knowledge sharing between China and South Korea.