On 16 September, Tee Labs, a biopharmaceutical innovation incubator managed by Shanghai TF Pharmaceutical Technology Co., Ltd., held an opening ceremony. Located in Shanghai Zhangjiang Hi-Tech Park, the incubator focuses on building an international biopharmaceutical innovation service platform, providing start-ups with a full range of support including R&D premises, supply services, operation management, investment and financing, and working with entrepreneurs to create breakthrough technologies and products that improve human health.