Involvement of international pharmaceutical companies in ChinaBio® Partnering Forum 2014 echoes compelling China market demand
The 2014 edition of ChinaBio®Partnering Forum, China’s only life science partnering event, is just weeks away, to be held May 7–8 at the Kempinski Hotel in Suzhou.
Pharma companies strongly support the event, as many international companies seek to access the massive healthcare market and partnership opportunities for growth in China.AstraZeneca, Bayer, Bristol-Myers Squibb, Johnson &Johnson, Lilly, Lundbeck, Novo Nordisk and Roche are global pharmaceutical companies who are sponsoring this year’s event. A few notable Chinese companies attending are Jiangsu Hengrui Medicine Co., Ltd., Luye Pharma Group, Ltd., Simcere Pharmaceutical Group, and Tasley Pharmaceutical Group.
According to Li Wang, Director, Scientific Partnering and Alliances at AstraZeneca, China is a very interesting, dynamic environment, with a tremendous growth proposition. “Today we have more than 5,000 employees in China, we have an AstraZeneca R&D center in China… If you ask me today, is there innovation from China, definitely I would say yes and there will come even more,” said Wang.
Wang stated further, “The market share for AstraZeneca is nearly #2. The China market is critical for AstraZeneca. And also, we really want our presence in China to be beneficial to Chinese patients. There is a huge market there, and there is no reason for not going to China. There is no reason [to] only have a presence in marketing sales in China. You need to also have an R&D presence in China. You need access to patient samples to understand the patient need. This is our reason to be in China.”
“We have the pleasure of being one of the few pharmaceutical companies in Beijing. And I think that’s a little bit of a luxury having two of the best rated universities in China in Beijing: Peking University and Tsinghua University. So, still, we of course enjoy recruiting talent from those two universities. That’s a very, very important aspect of being in Beijing,” said Tomas Landh, Director, Strategy and Innovation Sourcing, Diabetes Research Unit at Novo Nordisk, one of the longest standing big pharma companies in China.
International biotech and life science service providers jostle for presenting company slots that can open the door to lucrative pharma and provider relationships. Innovative companies, organizations and researchers interested in partnering their technologies or products, initiating strategic alliances, or tapping into the financing network are filling the presenting company track this year.
“Participating in the ChinaBio Partnering Forum provides an opportunity to introduce CarysBio to other members of the life science community. Our goal is to acquaint potential clients with CarysBio’s unique capabilities in the area of drug/ xenobiotic transporter actions. These cell membrane proteins play a critical role in bioavailability, drug/drug interaction, and toxicity. The combination of transporter effects and standard ADME results provides critical parameters on understanding drug action and disposition,” said Kezhi Zhang, Co-Founder and COO ofCarysBio, a Contract Research Organization focused on providing support for pharmaceutical and biotechnology companies. “Presenting, and engaging in one-to-one partnering meetings, has been critical to the success of CarysBio.”
The event is recognized by life science insiders as the largest and most productive partnering event for established biotech and early stage companies to meet and collaborate with China-based corporate partners, including venture capitalists and business development executives from big pharma companies.
Innovative companies interested in presentation can access the online application for a limited amount of remaining spots.
Online registration is accessible online until April 30, 2014, 17:00 PDT, after which all registrations will be handled on site.
In 2013, the Forum was attended by more than 750 delegates from 405 companies and 22 countries, making it the largest partnering conference in China. Pharma and biotech companies as well as leading researchers from China’s top universities and institutes consider it a must-attend event for establishing a presence in China’s expansive in-demand healthcare sector.
partneringONE® is EBD Group’s sophisticated, web-based partnering system that enables event delegates to efficiently identify, meet and get partnerships started with companies across the life science value chain, from large biotech and pharma companies to financiers and innovative start-ups.
About EBD Group
EBD Group is the leading partnering firm for the global life science industry. Since 1993, biotech, pharma and medical device companies have leveraged EBD Group’s partnering conferences, technology and services to identify business opportunities and develop strategic relationships essential to their success.
EBD Group’s conferences are run with the support of leading corporations and international trade associations and include:
- BIO-Europe® and BIO-Europe Spring®, Europe’s largest life science partnering conferences, supported by the Biotechnology Industry Organization (BIO)
- BioPharm America™, the fastest growing partnering event in North America
- Biotech Showcase™, a unique forum in San Francisco for presenting to investors and business development executives, co-produced with Demy-Colton Life Science Advisors
- BioEquity Europe, the investor conference co-organized with BioCentury Publications and BIO
- ChinaBio® Partnering Forum, the first dedicated biotech/pharma partnering conference in China, co-produced with ChinaBio® LLC
- EuroMedtech™, EBD Group’s partnering event for the innovative medical technology industry
- The Global Impact Forum™, a unique and innovative partnering conference in impact investing and venture philanthropy.
EBD Group’s sophisticated web-based partnering service, partneringONE®, is used as the partnering engine at numerous third-party events around the world, and partnering360® is the open online community of life science dealmakers that enhances partnering experiences throughout the year.
EBD Group is an Informa company. Informa is the largest publicly-owned organizer of exhibitions, conferences and training in the world.
EBD Group has offices in the USA and Europe.
For more information please visit www.ebdgroup.com.
About ChinaBio® LLC
Since its founding in January, 2007, ChinaBio® LLC has rapidly created a broad platform of capabilities connecting China life science with the world. ChinaBio has helped global life science companies identify over 400 licensing and acquisition opportunities in China and China companies raise over USD 450 million.
- Conferences: ChinaBio organizes the premier life science investment and partnering conferences in China, having attracted over 4,000 attendees.
- Consulting: ChinaBio works with global life science companies and China entrepreneurs to define and execute a successful global strategy.
- Capital: ChinaBio helps companies secure partnerships and acquisitions and access private and government funding in China.
- Publishing: ChinaBio® Today is the most widely read online and email newsletter on China’s life science industry, with over 18,000 readers.
More information is available at www.chinabiollc.com
EBD Group, Inc.
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