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Global Business Innovation Programme - China - Precision Medicine

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China

100 Century Ave Shanghai

Shanghai, China

China

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Innovate UK’s Global Business Innovation Programme, delivered by Enterprise Europe Network, is organising a visit to China – (Shanghai - Wuxi ) for up to 15 Precision Medicine businesses who are working with technologies that enable early and accurate diagnosis to inform patient treatment, as well as the availability of targeted therapies.

More specifically the programme will select Precision Medicine companies with a focus on:

  • Early Diagnosis and detection of disease (including remote and Point of Care monitoring)
  • Digital innovation and data management in medicine, (including ‘omics data integration, AI application to medical imaging and clinical decision support)

The fully funded programme consists of a preparation phase in the UK, an 8-day programme of activity to China and subsequent follow up support, to help your business develop relationships with partners in the region, allowing you to gain a foothold in a market set for extensive growth.

This is an excellent opportunity to showcase the best of British science and to build international collaborative partnerships that deliver sustained economic and health benefits in both countries.

WHY CHINA?

China is emerging as a leader in the international innovation landscape. A number of factors, including increased investments into R&D spending and ageing population, are driving the growth of China’s healthcare industry. Its Precision Medicine market in particular was valued at $4,919.7 million in 2018 and is anticipated to grow over $18,723.5 million by 2029

As part of its Five Year Plan for 2016-2020, the Chinese government launched the China Precision Medicine Initiative (PMI), a 15-year with US$9.2 billion in funding that aims to build up the country’s credentials as a global leader in precision medicine

With this initiative, the Chinese healthcare industry plans to increase investments into genome sequencing, big data collection and analytics, as well as IT infrastructure, computing capabilities, in-silicon informatics and mobile health. In terms of application, a strong focus is placed on oncology, infectious diseases, neurology/psychiatry, lifestyle and endocrinology, cardiology and other applications.

BENEFITS OF ATTENDING

- Explore the precision medicine landscape in China

- Get a better understanding of the challenges and opportunities of doing business in China

- Attend the WuXi Healthcare Forum conference

- Find potential innovation partners in the UK and overseas

- Improve your company pitch to international partners and investors

The Global Business Innovation Programme to China will comprise of representatives from Innovative UK, RTC North, University College London (UCL), and the 15 selected SMEs that are looking to develop strong international partnerships for future collaborations, leading to commercialisation.

Business representatives will work with a designated account manager and adviser to support a structured programme encompassing three main phases -

Getting ready for the market Pre-visit and in-country briefings providing market information, advice on how to do business in China, training on how to improve your pitch and articulate your value proposition and how to protect your IP.

Visiting the market Exclusive access to the Chinese market and the opportunity to meet key companies and research organisations. Targeted, pre-arranged meetings at organised matchmaking events.

Exploiting the opportunity Utilising a tailored Innovate to Succeed approach, comprising one to one support from a specialist Innovation/ Internationalisation adviser to follow up and take advantage of the opportunities identified.




PROGRAMME –

22nd February - Depart London to Shanghai

24th February - Opening Briefing

25th- 27th February - Shanghai WuXi Healthcare Forum

28th February - Shanghai-Wuxi: UK-China collaboration events including 1-1 meetings and site visits




WHO SHOULD ATTEND?

UK registered, small and medium sized enterprises operating across the Precision Medicine sector.

THE COST

Innovate UK and the Enterprise Europe Network will organise and fund flights, hotels, and in-country logistics for all participants on the visit to the country. On acceptance to the programme a commitment fee of £500 exl vat will be obtained from each successful company which will be returned after their involvement in the international mission and agreeing an action plan post visit. Non-attendance of any part of the programme after formal acceptance may result in forfeiting some or all of the fee. You will be sent a link to pay your deposit in order to confirm your place once you have been formally accepted on the programme.

ELIGIBILITY

To participate in this programme your business must be an SME and established in the UK.

HOW TO APPLY

There is a competitive process to participate in the programme following an evaluation process, in which only the best applicants will be successful. To apply, please register your interest via Eventbrite. Once you have expressed interest, you will be sent a link to the full online application form by one of our team.

This must be completed and submitted by midnight, 25th November. Please note: expressing interest/making an application does not secure your place. Successful applicants will be informed by Friday 30th November.

FOR MORE INFORMATION

Please contact

RTC North: Gail Leathley – gail.leathley@rtcnorth.co.uk, +44 (0) 1134 689362
UCL: Margherita Marini – margherita.marini@ucl.ac.uk, +44 (0) 20 3108 9372

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100 Century Ave Shanghai

Shanghai, China

China

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