Find XO: The Real Reason Merck Established a Hub at KAIST (venturesquare.net)
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- Merck Life Science has established a chemistry hub at KAIST that supports everything from material design to synthesis and analysis.
- For bio startup teams burdened by equipment costs, this is an opportunity to reduce initial expenses.
- The options going forward can vary depending on who owns the data and intellectual property rights generated from joint research.
- When renting equipment, it's also advisable to confirm which assets remain with the company after the research is completed.