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STEMedical USA and Sri Lanka's biotech institute partner on a $15M lab project, boosting export goals.
On July 15, 2025, STEMedical USA and Sri Lanka's Institute of Biotechnology (SLIBTEC) signed a Memorandum of Understanding for a $15 million project to establish an accredited laboratory.
This initiative aims to enhance lab capacity in health, agriculture, cosmetics, and Ayurveda, working alongside existing labs to ensure quality.
The project supports Sri Lanka's goal of doubling export revenue by 2030.
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STEMedical USA y el instituto de biotecnología de Sri Lanka son socios en un proyecto de laboratorio de $ 15M, impulsando los objetivos de exportación.