10/22/2022
“A Chinese firm’s purchase of land in Florida to build a breeding facility for lab monkeys is drawing scrutiny over the company founders’ ties to the Chinese military.
JOINN Laboratories CA Inc., the California subsidiary of a biotech firm headquartered in Beijing, in July purchased more than 1,400 acres of land for building a primate facility in Florida’s Levy County, county records show.
With a combined value of $5.5 million, the 10 parcels of land purchased from L & T Cattle & Timber represents one of the largest known Chinese acquisitions of U.S. land in recent years.
While construction has not begun, the deal has attracted public attention at a time of heightened concern about Chinese investments in the United States over security and other risks.
The purchaser’s parent company JOINN Laboratories describes itself as a leader in non-clinical drug screening in China.”
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