html On July 1st, Changzhou Weilai Medical Health Fund signing ceremony was held at the By-Health Transparent Factory in Zhuhai, which is located in Longcheng Jingu (South District) of Changzhou West Taihu Science and Technology Industrial Park. As the second phase of Medical Fund of "Weilai Capital", the fund is jointly established by By-Health , Chengcheng Investment, Changzhou West Taihu Emerging Industry Investment Fund and high-net-worth individual investors.
Weilai Capital was established in 2018, with an asset management scale of nearly 8 billion yuan. The first-phase medical fund established focuses on investment in commercial health insurance, new pharmaceutical retail, medical equipment and other fields. It has invested in companies including Grapefruit Health, Pulse Medical, Taylor Biotech, Weituo Biotech, Shuming Technology and Egg Yolk Technology. many companies within. The second phase of the medical fund signed this time is an industrial fund focusing on the field of medical innovation, with an initial scale of 150 million yuan. The investment strategy is centered on technological innovation, mainly including medical devices, diagnostic technology, improved new drugs, and precision medicine. medical innovation technology field. The investment stage covers early to mid- to late-stage.
After years of development, West Taihu has now gathered more than 500 medical device-related companies, forming orthopedics, dentistry, in vitro diagnostic equipment and consumables, sanitary materials and materials, surgical equipment and surgical consumables, and rehabilitation aids. and six major sub-industry groups of consumables. The park has great support in terms of policies, talents and other resources required for the development of the medical and health industry. On June 30, 2022, the Jiangsu Provincial Food and Drug Administration’s review and verification Changzhou branch was officially put into operation in the park. It will provide one-stop services for Changzhou biopharmaceutical companies and help accelerate the development of the city’s pharmaceutical industry.
"The park attaches great importance to the industrial development of biomedicine and medical equipment, and has formed an industrial agglomeration. Focusing on the policies and functional supporting facilities required for industrial development, the government services involved in product registration, talent housing, etc. are very complete and have good The industrial development advantages are very attractive to Weilai Capital," said Zhang Jiutao, head of fund raising at Weilai Capital.
The park also makes full use of the construction opportunities of Longcheng Jingu (Southern District), actively implements the "fund + project" industrial development model, and builds a capital system for the entire life cycle of the service industry. At the same time, we are exploring a new method of "recruitment and investment linkage" of "capital chain + industrial chain + talent chain". This time, West Taihu participated in the establishment of Changzhou Weilai Medical and Health Fund as an investor. Through cooperation with market-oriented leading industry funds, "Add wings" to the development of industrial clusters. Up to now, the park has connected 58 projects through the "recruitment and investment linkage" method, forming a good situation for attracting investment.
