Hangzhou Israel-China Biomedical Industrial Park


The Opportunity

  • Promed has been hired by the Zhejiang Hangzhou Local Government, to form an Israeli-Chinese bio-medical & life-science industrial park in the Hangzhou Yuhang Economic Development Area (HYEDA) - the heart of the Chinese Silicon Valley.
  • Together with the Chinese government, we are creating a unique, risk contained environment that will provide optimal conditions for Israel bio-medical and life-science companies, which are interested in entering the Chinese market.
  • Our dedicated joint Israeli-Chinese management team will facilitate and support the Israeli companies in teaming-up with local Chinese partners, setting up production facilities in the Hangzhou park and developing sales in the fast growing Chinese healthcare eco-system.

For any further information please contact Rachel Touitou rachelt@promed-int.com

An off-balance sheet Full Financial Package

  • 10B RMB project-dedicated funds
  • Financial package will cover all the relocation, setup and operational expenses required
  • Substantial government subsidies and rewards for Israeli companies
  • A mechanism that will enable money transfer to mother company
  • An option for equity investment in the mother company
  • No/minimal upfront investment  required from Israeli companies

A Suitable Chinese Partner for Market Entry

  • Over 100 life-science companies operating in HYEDA
  • Including leading multi-nationals (SANOFI, Novartis, etc.)
  • In addition, there are hundreds of life science companies in Hangzhou area
  •  Project management team will assist Israeli companies in finding the right partner

Support and Risk-Management Mechanisms

  • An Israeli project coordinator - a single point of contact  for all company’s needs
  • An ongoing Israeli-Chinese project management team will facilitate the successful relocation of companies
  • IP support
  • Regulatory support