Home Gathering Precision Power, Planning for Wuxi's Future: 2023 Xishan (Shanghai) Precision Medicine Industry Development Forum to Be Held on November 1 in Shanghai

Gathering Precision Power, Planning for Wuxi's Future: 2023 Xishan (Shanghai) Precision Medicine Industry Development Forum to Be Held on November 1 in Shanghai

Oct 18, 2023 17:58 CST Updated 17:58

Although China's precision medicine industry started relatively late, it is developing rapidly.In 2022, the market size of China’s precision medicine industry surpassed RMB 200 billion, representing a year-on-year growth of approximately 14%. Against this backdrop, and leveraging the momentum of Wuxi’s biopharmaceutical industry development, the Wuxi Precision Medicine Industrial Park is committed to establishing itself as the “eye of the storm” for the growth of the precision medicine sector in the Yangtze River Delta region.

Since its inceptionOver the past six years, a total of nearly 50 leading enterprises and innovative companies’ headquarters projects in niche segments of the precision medicine industry have been aggregated, including Zhenhe Technology, Yuanma Gene, Boco Bio, and Apollo Ba in the medical services sector; Runmin Pharmaceutical, Borui Innovation, Kejin Biotechnology, and Kehui Zhiyao in the innovative drug sector; and Gaoshi Medical, Kuanyue Biotechnology, and Shengya Medical in the high-end medical device sector. The industrial valuation has exceeded RMB 10 billion.

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How to build on existing successes and make further progress, optimize and strengthen the precision medicine industry, pursue high-quality development, and create a landmark industrial cluster with distinct characteristics has become a new topic for the development of Wuxi’s precision medicine industry.The 2023 Wuxi Xishan (Shanghai) Precision Medicine Industry Development Forum was thus established. The forum is hosted by the CPC Wuxi Xishan District Committee and the People’s Government of Xishan District, Wuxi City; organized by the Administrative Committee of Wuxi Xidong New City Business District and the Wuxi Precision Medicine Industrial Park; and co-organized by VCBeat and VB100. It is scheduled toNovember 1, 2023, 15:00–19:00InHosted at Shangri-La Qiantan, Shanghai, delving into the development path of Wuxi's precision medicine industry.

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Event Highlights

1Precision Medicine Field“Government, Industry, Academia, Investment, and Finance” Experts Gather to Discuss

This forum will inviteXishan District GovernmentRelevant Leaders,Wuxi Precision Medicine IndustryRelevant leaders of the park, industry and technology experts, and scholarsLeading enterprises, investment institutions, financial institutions, emerging innovative companies, and other relevant executives gathered to focus onPrecision MedicineIndustryDevelopment, with expert perspectives, insights into the forefront, and shared ecosystems,CommonPlanningXidong FutureIndustryNewDevelopment.

2A New Perspective on Assessing the New Momentum of the Precision Medicine Industry

This forum brings together a distinguished lineup of high-profile guests. Through keynote speeches and dialogues among industry leaders, participants engage in extensive and in-depth discussions on core topics such as the clinical application and implementation of precision medicine, strategies for establishing Xidong as a premier hub for the precision medicine industry, and leveraging the pivotal role of chain-leading enterprises. By pooling collective wisdom and strength, the event fosters collaboration with attendees on-site.Over 100 attendees joined forces to strategize the development of emerging industries.

3Strategic Cooperation Reached+ On-site Signing of Key Projects

Wuxi Precision Medicine Industrial Park has entered into strategic cooperation agreements with multiple companies and institutions, while the Administrative Committee of Wuxi Xidong New City Business District signed on-site agreements for several key high-quality projects, continuously empowering Wuxi’s efforts to accelerate the development of a nationally influential innovation hub for the precision medicine industry.

4100+ High-Impact Industry Talent Exchange Platform

The forum establishes a platform for exchange and cooperation between upstream and downstream players in the precision medicine industry chain. The conference is expected toVCBeatAttractionApproximately 100 entrepreneurs and investors attended for exchanges, during and after the forum, throughSymposium and Discussion, closed-door dinners and other formats, actively facilitating engagement among government leaders, park representatives, and guests“Zero-distance” interaction creates a high-quality environment for dialogue among government leaders, park representatives, and corporate delegates, forging a powerful magnet for high-caliber industrial convergence.

Organizer Introduction

Wuxi Precision Medicine Industrial Park

Wuxi Precision Medicine Industrial Park is one of the key specialized biomedical industrial parks developed by Xishan District. Located in the core area of Wuxi Xidong New City Business District, it is the first professional park in the Yangtze River Delta region to focus on precision medicine. Centering on personalized diagnosis and treatment, cutting-edge technologies, and advanced manufacturing, the park aims to become a hub for transforming scientific and technological achievements in precision medicine within the Taihu Bay area of the Yangtze River Delta, a cluster for high-end precision medicine industries, and a highland for life and health in the field of precision medicine. It will alsoThe “Fund + Park” model is employed to build an incubation system for the medical innovation industry, achieving complementary advantages and resource sharing. Meanwhile, the park boasts significant transportation advantages and comprehensive living amenities, with seamless connectivity to Chaqiao Station on Line 2 of the Wuxi Metro, making it a high-tech, modern, garden-style industrial park.

Overall Planned Land Area of Wuxi Precision Medicine Industrial ParkSpanning 420 mu with a gross floor area of approximately 600,000 square meters, the project is divided into core manufacturing zones, R&D and incubation zones, commercial support zones, and enterprise self-built zones, thereby meeting the full-cycle needs of enterprises from incubation and R&D pilot testing to commercialization.

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