Founded in 2010, Favord Institute for Biomedical Research covers 35,000 m2 and is equipped with all kinds of state-of-the-art facilities. With professionalism, expertise, compassion and dedication of all R&D personnel, the Institute has been bestowed honorary titles including China’s Excellent Innovation-oriented Chemical Pharmaceutical Enterprise Brand and Jiangsu Provincial Prize for Enterprise Technology Innovation
The company earmarks over 10% of its revenue every year for R&D, two times the amount of the industry’s average.
Over 100 projects are in development, including major science and technology projects at the national, provincial or municipal level. More than 100 patents have been granted.
There are over 400 R&D personnel, 70% or more of whom are doctors and masters. Additionally, 20-plus are with senior professional designations.
The Institute is eager to bring in high-tech talents from home and abroad through multiple initiatives including“Make Enterprises Attractive to Doctors”, “333 High-end Talent Training Project”, “Innovative and Entrepreneurial Doctors” and “Six Talent Peaks Project in Jiangsu Province”.
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