Biomedicine is one of OVC's two major industries. [Photo/WeChat account of Optics Valley of China]

Shu Hongbing, an academician of the Chinese Academy of Sciences, was appointed as the president of the Wuhan Institute of Biotechnology, which is located in the East Lake High-tech Development Zone (also known as Optics Valley of China, or OVC). The inauguration ceremony was held on May 19.

Leaders from Wuhan University as well as higher-up officials from the valley's government participated in the event.

The institute is led by Wuhan University and has made use of biological resources from all Wuhan-based colleges and research institutes. It has incubated more than 180 enterprises and commercialized over 300 technological achievements.