Home Shanghai Real Capital Appoints Dr. Dai Yong as Venture Partner and Li Xiang as Boston Chief Representative

Shanghai Real Capital Appoints Dr. Dai Yong as Venture Partner and Li Xiang as Boston Chief Representative

Dec 11, 2025 10:27 CST Updated 10:27
Frontera Therapeutics

Innovative Gene Therapy Drug R&D and Producer

Prevail Therapeutics

Developer of Novel Gene Therapies

BAO PHARMA

Biopharmaceutical R&D and Manufacturer

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Shanghai Capital today announced the appointment of Dr. Dai Yong as Venture Partner and Li Xiang as Chief Representative in Boston, based in the Boston office.They will use Boston as a strategic fulcrum to lead the evaluation of overseas projects, cross-border scientific research cooperation, and the construction of an industrial ecosystem network, with a focus on advancing the optimization of core technologies for invested companies and analyzing global pharmaceutical policy trends.

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Dr. Dai Yong is currently the founder and CEO of Codexa Therapeutics (SourceOne Bio), with over 25 years of experience in multinational biopharmaceutical R&D and company management. He once served asFrontera TherapeuticsFounder and CEO of Prevail Therapeutics, CTO of ImmunoGen, Shire, uniQure, and other internationally renowned enterprises; held senior technical executive positions. Received a Bachelor's and Master's degree in Biochemistry from Peking University, a Ph.D. in Biochemistry and Molecular Biology from the Chinese Academy of Sciences, and completed postdoctoral research in Molecular and Cellular Biology at Harvard University.


He has led and completed several groundbreaking achievements: foundingFrontera TherapeuticsSecured $160 million in financing and rapidly advanced multiple pipelines to obtain clinical approvals in both China and the U.S.; established and led the Prevail Therapeutics R&D technical team, driving Nasdaq IPO and subsequent $1 billion acquisition by Eli Lilly; led uniQure’s AAV drug Glybera.®and Hemgenix®Global CMC R&D; Leading ImmunoGen's Blockbuster ADC Drug Kadcyla®Clinical and Commercial Process Development of (T-DM1), Setting an Industry Technical Benchmark.



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Li Xiang has years of experience in trading and investment financing, and is familiar with financial policies and financing environments both in China and internationally. He has worked at institutions such as KPMG and Primavera Capital and holds a bachelor’s and master’s degree in actuarial science from the Australian National University. He has led and participated in the investment work of multiple projects including MagnaMed Health, Shanghai Pharmaceuticals Cloud Health, Adagene, Genetron Health, Arrivent, Taichu Biotech, Shengyin Biotech, and others. He also participated in the incubation of Namemax Bio and Huayuan Bio.




Shanghai Industrial Capital Boston Office

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Shanghai Capital's Boston office is located in the global life sciences hub — Kendall Square, Cambridge, adjacent to top universities such as MIT and leading biotech companies, and is committed to building a global innovation bridge for the biopharmaceutical industry.





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Awards and Honors | Several Portfolio Companies of Shanghai Industrial Capital Ranked on the "Top 50 Most Investable Startups in Shanghai 2025" List

SHC Portfolio | BAO PHARMA Successfully Listed on the Main Board of the Hong Kong Stock Exchange

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