Home breadcru News breadcru Silk breadcru Kraig Labs bags license to begin operations in Vietnam

Kraig Labs bags license to begin operations in Vietnam

02 May '18
2 min read
Courtesy: Kraig Biocraft
Courtesy: Kraig Biocraft

Kraig Biocraft Laboratories, Inc., the leading developer of spider silk based fibres, has announced that the company has acquired the Enterprise Registration Certificate (ERC) required to begin its operations in Vietnam. Kraig is a biotechnology company focused on the commercialisation of new textiles and high performance fibres including spider silks.

Kraig Labs Founder and CEO, Kim Thompson said, “The license to operate in a traditional silk producing region are the most substantial milestones for Kraig Labs commercial development since the creation of our first spider silk transgenics. Our teams in the US and in Vietnam have been working closely with officials in Quang Nam province and with central government ministries to bring this long standing vision to reality. Our work to obtain thee approval has been driven by our goal of producing recombinant spider silk on a large scale, which can only be achieved by harnessing the opportunities presented by existing large scale silk production infrastructure.”

The company is now preparing for the grand opening of its subsidiary operations in Quang Nam province, Vietnam. Management is preparing to hire staff for the new facilities and is prepping the first allotment of transgenic silkworms to ship from its US research headquarters. (GK)

ALCHEMPro News Desk – India

Get Free Weekly Market Insights Newsletter

Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!