Home Ophthalmology Deal-Making in Practice: Value Alignment and Synergy Strategies Between Buyers and Sellers | China Innovative Healthcare Assets Salon – Roundtable Session VII

Ophthalmology Deal-Making in Practice: Value Alignment and Synergy Strategies Between Buyers and Sellers | China Innovative Healthcare Assets Salon – Roundtable Session VII

Nov 20, 2025 07:59 CST Updated 08:00
VIVAVISION

Innovative Drug Developer

VCBeat

Internet Medical Health Media

The ophthalmology industry is currently entering a period of active transactions driven by the resonance of policy, technology, and capital. The global merger and acquisition (M&A) boom continues to heat up, with domestic and international giants and capital strengthening their product pipelines and expanding market layouts through acquisitions. At the policy level, eye health planning promotes the decentralization of medical resources, and medical insurance policies are tilting towards innovative technologies, creating a favorable environment for ophthalmology transactions.


Accelerated technology iteration has spurred diverse trading needs, with AI-assisted diagnosis, synthetic data applications, and innovations in high-end medical devices becoming core transaction targets. Amid the wave of China-produced alternatives, technology transfer transactions in upstream consumables and equipment fields are becoming increasingly frequent. Consumption upgrades are driving demand growth in high-end optometry services and refractive correction, further activating industry chain integration transactions.


Against this background, the "China Innovative Medical Assets Salon" hosted by VCBeat will be held at 15:00 on November 20th (Thursday).Roundtable Talk Show Episode 7, featuringFounder of WinX Capital, Guowen Zou; Founder of VIVAVISION, Shen Wang; Bicon PharmaVice President Xia Wei, Wang Yingqi, Co-founder & CEO of Tupai Medical, Zhang Zheng, Investment Director of He's Eye Industry, and Zhao Chunsheng, Investment Director of OcuScienceSixThe guests discussedOphthalmology Deal Practice: Value Matching and Synergistic Breakthrough for Buyers and SellersMainDivergent discussion on topics, providing actionable trading logic for the buyer community, as well as references for frontier track layouts, creating a "strategy think tank" for healthcare innovation asset trading, assisting buyers in efficiently capturing high-quality asset trading opportunities, and jointly linking China's healthcare innovation assets with global buyers.


Live Introduction

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Guest Introduction


Host: Guowen Zou

Partner of VCBeat

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Former Assistant President of Sanpower Group and Head of Biomedical Industry Group, former Head of Investment and M&A Headquarters for the Greater Health Sector. Worked nearly 10 years at Pfizer USA and Bayer Germany.

Lecturer at Tsinghua University's Private Equity Research Institute, MCFO (Master of Chief Financial Officer), Cheung Kong Graduate School of Business EMBA, and Greater Health Program. Guest lecturer for the graduate program at Central University of Finance and Economics' School of Accounting, external mentor for master’s students at Nankai University's School of Finance, and FMBA mentor at Shanghai Jiao Tong University's SAIF. Judge and mentor for the finals of the Ministry of Science and Technology’s Innovation and Entrepreneurship Competition. Vice President of the Aigabul Charity Foundation, among others. Awarded "Top 10 Investors in China's Healthcare Industry for 2018-2019" by China Venture, "Top 30 Young Investors of 2018" by Investment Digest, and "Top 20 New VC Investors in China for 2019" by the China Risk Investment Research Institute, among others.


Guest: Shen Wang

Founder of VIVAVISION

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Graduated from the University of Pittsburgh in the United States, and after graduation, worked at Abbott Laboratories (Abbott), Sunesis, Amgen, and other international well-known enterprises in R&D key positions. In 2009, he became the founder and president of Jiangsu Kangyuan’s overseas subsidiary — Kangyuan USA (KanionUSA), while concurrently serving as the Chief Scientific Officer (CSO) for new drug R&D at Jiangsu Kangyuan Pharmaceutical.

Dr. Shen Wang has over 25 years of experience in small molecule drug research and development, and nearly 20 years of experience in the research and management of fields such as anti-tumor, immune system modulation, metabolic diseases, and antiviral therapies. He has led his team to develop more than 10 drugs that have entered clinical trials, with two drugs gaining FDA approval for market release in the United States, including Lifitegrast, the only targeted dry eye treatment approved by the FDA in the past decade, and Venetoclax, a landmark cancer drug.


Guest: Xia Wei

Vice President of Bokang Vision Cloud Pharmaceutical

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With over 12 years of experience in corporate finance and investment banking, Mr. Xia was extensively involved in various types of equity and debt financing for Chinese enterprises at CCB International from 2017 to 2025. He participated in the IPOs and financing activities of several companies in the new economy sector, including Guanglian Technology (2531.HK), Zhengli New Energy (3677.HK), Bluetron Technology (1333.HK), CR Beverage (2460.HK), Wuhan Organic (2881.HK), Vanke Cloud (2602.HK), Zonan Smart Life (2271.HK), and Vanke (2202.HK) H-share placements.


Guest: Yingqi Wang

Co-founder & CEO of Tupai Medical

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Graduated from the Department of Biomedical Engineering at Tsinghua University with a bachelor's and master's degree. Serving asStanding Committee Member of the Ophthalmology Professional Committee of the China Medical Equipment Association,Director of the Biomedical Engineering College Branch of Tsinghua Alumni Association,Technology Transfer Consultant of Global Health Industry Innovation Center, Tsinghua University Research InstituteMember of Tsinghua Entrepreneurs Association (TEEC),China Wealth U40 Business Elite,Hurun China U35 Entrepreneurial Pioneer,Changju Engineering Management and Operation Leadership Talent.


Guest: Zhang Zheng

Director of He's Eye Industry Investment

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With over 10 years of experience in investment and mergers & acquisitions, he is proficient in investment acquisition, M&A restructuring, capital operations, industry integration-based restructuring, and fund establishment. He has served as Audit Manager at PricewaterhouseCoopers (PwC), Investment Director at Vtron, and General Manager of the Investment and Development Department at RYB Education. He led the investment and acquisition of multiple projects, including Hongying Education, Golden Cradle, and Dingqi Education Group, facilitating the rapid growth of several listed companies through capital operations. For instance, he helped establish a leading position in the early childhood education sector through M&A integration, with cumulative investments exceeding 2 billion yuan. Mr. Zhang holds double bachelor's degrees from Huazhong University of Science and Technology and Zhongnan University of Economics and Law, a master's degree from Virginia Tech in the United States, and is a non-practicing member of the American AICPA.


Guest: ZHAO Chunsheng

Director of Investment at Ophthalmic Vision

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Investment Director of Ophthalmic Technologies Co., Ltd. and Deputy General Manager of Ophthalmic Investment Co., Ltd., in charge of incubation, investment, and mergers and acquisitions (M&A) related to product technologies for the listed company, as well as terminal M&A in certain regions. Also responsible for the investment and management of medical product funds in external cooperation on behalf of the listed company. Led the establishment of four medical industry funds and is responsible for most external investment projects of the listed company and cooperative funds. Serves as a member of the Investment Committee for four funds and as a director for multiple companies.


Introduction to Live Broadcast Column


China Innovative Healthcare Assets Lounge - Trading Roundtable


"China Innovative Healthcare Assets Lounge" is an online live streaming program by VCBeat, with the core positioning of "linking China's healthcare innovation assets with global buyers." It focuses on high-quality asset transactions in fields such as innovative drugs, advanced medical devices, and digital healthcare. The program aims to build a professional platform for strategic, financial, and industrial buyer groups to "showcase, communicate, and connect." With the goal of "uncovering the value of China's innovative assets and promoting efficient transactions," the program facilitates precise matching of supply and demand, analyzes transaction logic, and shares practical experience, helping buyer groups capture quality asset opportunities. At the same time, it promotes the transformation and retention of local innovative assets and serves the ecosystem construction of the global life sciences and healthcare innovation asset buyers' alliance.


"China Innovative Healthcare Assets Lounge" Sub-column "Transaction Roundtable" Focuses on Strategies, Trends, and Rules in the Trading of Healthcare Innovation Assets. From a "Buyer's Perspective," it invites members of the Buyer’s Alliance, seasoned investors, and experts from law firms/investment banks to engage in dialogue on hot topics and pain points in transactions. Through "benchmark case analysis + strategy output," it provides actionable transaction logic for the buyer community and references for frontier sector planning, establishing a "strategy think tank" for healthcare innovation asset trading, assisting buyers in efficiently capturing high-quality asset trading opportunities.


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