Winston-Salem, N.C.-based Wake Forest Baptist Medical Center announced that its commercialization arm, Wake Forest Innovations, has signed a memorandum of understanding with CHA Health Systems, based in Seoul, South Korea.
The memorandum of understanding forms the basis of a broad partnership that will include the development and commercialization of products from both institutions and translational research. The organizations are also considering establishing facilities in the U.S. based on the CHAUM facility in Seoul, according to the news release.
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