The University recently received a generous donation pledge of HK$2.3 million from the Vincent and Lily Woo Foundation in support of a collaborative research project by the HKBU School of Chinese Medicine and Cornell University entitled "East Meets West: A Revolutionised Nanotechnology Approach to Modernise the Delivery of Chinese Medicine for Vast Improved Cancer Therapeutic Efficacy".

To acknowledge the donor’s generosity, a recognition ceremony officiated by Ms. Alice Woo, Chair of the Vincent and Lily Woo Foundation, and Professor Roland T. Chin, President and Vice-Chancellor, was held on 20 April 2018. HKBU representatives attending the ceremony included Professor Bian Zhaoxiang, Associate Vice-President (Chinese Medicine Development) and Director of the Clinical Division of the School of Chinese Medicine; Mr. Yeung Chee Kong, Associate Vice-President (Engagement); Professor Lyu Aiping, Dean of Chinese Medicine, and Mrs. Lily Chan, Director of University Advancement and Secretary-General of the HKBU Foundation. After the ceremony, Professor Chin hosted a lunch for Ms. Woo at his residence Shiu Pong Hall.