Nanjing Vazyme Biotech (SHA:688105) partnered with Shenzhen BGI Genomics to develop genetic products, according to a Shanghai Stock Exchange filing on Saturday.
Both parties signed a five-year agreement to develop reproductive genetics and other genetic projects that will prevent tumors, dementia and other diseases.
The agreement is valid until March 5, 2030, the Chinese biotechnology company said.
Vazyme's shares closed over 2% higher.