BioSpace.com

Biotech and Pharmaceutical
News & Jobs
Search the Site
 
   
Biotechnology and Pharmaceutical Channel Medical Device and Diagnostics Channel Clinical Research Channel BioSpace Collaborative    Job Seekers:  Register | Login          Employers:  Register | Login  

NEWSLETTERS
Free Newsletters
Archive
My Subscriptions

NEWS
News by Subject
News by Disease
News by Date
PLoS
Search News
Post Your News
JoVE

CAREER NETWORK
Job Seeker Login
Most Recent Jobs
Browse Biotech Jobs
Search Jobs
Post Resume
Career Fairs
Career Resources
For Employers

HOTBEDS
Regional News
US & Canada
  Biotech Bay
  Biotech Beach
  Genetown
  Pharm Country
  BioCapital
  BioMidwest
  Bio NC
  BioForest
  Southern Pharm
  BioCanada East
  US Device
Europe
Asia

DIVERSITY

INVESTOR
Market Summary
News
IPOs

PROFILES
Company Profiles

START UPS
Companies
Events

INTELLIGENCE
Research Store

INDUSTRY EVENTS
Biotech Events
Post an Event
RESOURCES
Real Estate
Business Opportunities

 News | News By Subject | News by Disease News By Date | Search News
eNewsletter Signup
Miles
Km80.5

   

GC-Rise Attracts Attention in Health Capital Market


3/18/2013 10:09:18 AM

BEIJING, March 18, 2013 /PRNewswire/ -- GC-Rise Pharmaceutical Co. Ltd, in which European healthcare venture capital firm INVENTAGES holds a majority stake, attracted the attention of investors at the annual China Healthcare Investment Conference in Shanghai.

Beijing-headquartered GC-Rise, which focuses on women's and children's health in China, took the opportunity to showcase its growth stories and seek tie-ups with partners from the most promising public and private Chinese healthcare companies.

The conference was held from March 12-14 in Shanghai. GC-Rise presented the company's growth roadmap and new initiatives for 2013 at the event last Thursday.

On top of the new moves, the pediatrics pharmaceutical market has been incorporated into GC-Rise's specialties, reshaping the company's five strategic focuses into anti-aging products, respiratory diseases in children, pregnancy & new born health, skin care products, and mental health & child development.

"The market size of GC-Rise's strategic focus in China's women's and children's health is expected to see compound annual growth rate of 28% over the period of 2010-2017 due to growing healthcare awareness," said Wren Zhang, the Strategic Director of GC-Rise.

Furthermore, GC-Rise will foray into point-of-care testing (POCT) in the OB-GYN & pediatrics market taking advantages of the company's broad commercial channels and close connections with physicians.

"Technical advancements have helped the POCT market grow at a double digit CAGR from 2009 to 2011, which is expected to reach US$25 billion worldwide by 2016, while China will be one of the fastest growth drivers," Wren said.

GC-Rise, founded in 2008, has seen rapid growth over five years of continuous expansion. The company has been listed in the top 50 fast-growing companies in China by Deloitte for two consecutive years in 2011 and 2012 as the only pharmaceutical enterprise.

The company also initiated the country's first GYN/OB Physician Award in China joining hands with China Physician Association in 2012.

China Health Care Investment Conference is organized by a group of investors including KPCB, Fidelity Asia Ventures, Vivo Ventures and Piper Jaffray. The group is committed to turn this meeting into a powerful platform to promote and nurture the Chinese healthcare investment ecosystem and further develop the industry.

About GC-Rise Pharmaceutical Co. Ltd

GC-Rise Pharmaceutical Co. Ltd, established in 2008, is invested in by INVENTAGES Venture Capital and Yifang Venture Capital. Taking "Innovation for human health and a better life" as mission, the company makes full use of the business networks of strategic partners in the United States, Europe and Japan, to provide safe, novel and highly efficient medical products and treatment ideas for Chinese women and children patients.

Please log on http://www.gc-rise.com/ to know more information.

SOURCE GC-Rise Pharmaceutical Co., Ltd



Read at BioSpace.com

 
 

ADD TO DEL.ICIO.US    ADD TO DIGG    ADD TO FURL    ADD TO STUMBLEUPON    ADD TO TECHNORATI FAVORITES