Tsinghua University Holdings (TUS) of Beijing is planning to invest $276 million to build a new biohub in the UK's Cambridge Science Park. The biohub will be a joint venture between TUS and Trinity College, Cambridge, the owner of the park.

The money will build five new buildings, comprising a total of 350,000 square feet. This includes a state-of-the-art biohub, which will provide labs and offices for early stage companies working on a wide range of healthcare technologies, including non-invasive diagnostics, new drugs, novel surgical techniques, and new home-monitoring technologies.

It is hoped the Biohub will complement the new Bradfield Centre co-working space, which opened last year, enabling synergies between entrepreneurs in different sectors and novel applications of technologies such as artificial intelligence, virtual reality, imaging and machine learning.