Kraig Biocraft Laboratories and Provincial Government of Vietnam sign MoU

US-based Kraig Biocraft Laboratories, one of the leading producers of spider silk-based fibres has inked deal with the Provincial Government of Vietnam for rearing and creation of transgenic silkworms in Vietnam. Under the agreement, Kraig in association with the Vietnamese Provincial Government, will create a joint plan for the development and production of Kraig Labs trangenics in Vietnam.

Kim Thompson, CEO of the company said, “Vietnam offers specialised silk infrastructure which is ideal for expanding our operations and its tradition of quality silk production makes it an excellent fit for our transgenic silkworms.”