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Pharmaceutical industry

BioCentury Welcomes Top Life Science CEOs from China to the San Francisco Bay Area

Strategic Insights

— 1 min read

BioCentury Publications, Inc., a leading global provider of biotech news and analysis, recently welcomed the CEOs of the top three life science companies from the Greater China SEED Business Plan Competition to the San Francisco Bay Area. The CEOs received the "BioCentury SEED Winners Tour" award and participated in a week-long program that included meetings with seasoned Bay Area life science venture capitalists and biotech CEOs. The program aimed to provide the CEOs with valuable insights and contacts to share with other bioscience entrepreneurs and to facilitate the development of Chinese biotech.

Key Takeaways:

  • The top three life science companies from the Greater China SEED Business Plan Competition were awarded the "BioCentury SEED Winners Tour" award and participated in a week-long program in the San Francisco Bay Area.
  • The program included meetings with seasoned Bay Area life science venture capitalists and biotech CEOs, as well as visits to cutting-edge entrepreneurial programs at Stanford University and the University of California-San Francisco (UCSF).
  • Magpie Pharmaceuticals is developing compounds targeting Parkinson's disease, stroke, and diabetes, while Nanomed Devices Inc. is developing microarray devices for painless intradermal drug delivery.
  • Pharminova Bio-tech Co. Ltd. is developing natural silk fibroin-based biomaterials for use in tissue regeneration, repair materials, and tissue scaffolding.
  • The SEED competition was organized by Roche, OrbiMed, and McKinsey & Company, and hosted in April by ChinaBio Accelerator.
  • The first place prize of RMB 300,000 ($44,000) was sponsored by Roche.
  • BioCentury participated as an Official Partner of the event and served on the judging committee.

Statistics:

  • RMB 300,000 ($44,000): the first place prize awarded to Magpie Pharmaceuticals.
  • 140,000+ articles and news briefs: covered by BioCentury per year.
  • 18 years: BioCentury's history as a leading provider of biotech news and analysis.
  • 4 offices: located in Redwood City, Calif.; Chicago; Chadds Ford, Pa; and the U.K.

Sources:

  • BioCentury Publications, Inc.
  • Roche
  • OrbiMed
  • McKinsey & Company
  • ChinaBio Accelerator
  • Marketwire via COMTEX

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