{"id":1020,"date":"2020-11-06T08:42:00","date_gmt":"2020-11-06T08:42:00","guid":{"rendered":"https:\/\/runyoung.tech\/?p=1020"},"modified":"2021-12-08T10:27:01","modified_gmt":"2021-12-08T10:27:01","slug":"runyoung-and-cw-data-enter-strategic-partnership","status":"publish","type":"post","link":"https:\/\/runyoung.tech\/en\/runyoung-and-cw-data-enter-strategic-partnership\/","title":{"rendered":"RunYoung Launches with $50M Life Sciences Fund &#038; Strategic Partnerships Aimed at Bringing Israeli Tech to China"},"content":{"rendered":"\n<p>SHANGHAI &amp; TEL AVIV, Nov. 2, 2020 \u2013 The RunYoung Technology Transfer Center (\u201cRunYoung\u201d or \u201cthe Fund\u201d) launched with a $50M fund dedicated to investing in Israeli early-stage life sciences companies that have expansion aspirations in China. <strong>Early stage life science funding in Israel has nearly doubled over a five year period, from $700M in 2015 to $1.3B YTD in 2020, with around 150 new companies being formed each year, making this a fast-growing sector.<\/strong><\/p>\n\n\n\n<p>The Fund has an extensive network of strategic partnerships that its portfolio companies can leverage in order to penetrate the Chinese market. These include several top Chinese pharmacological and medical device companies, such as <a href=\"http:\/\/www.sinopharm.com\/\">Sinopharm<\/a>, <a href=\"https:\/\/www.forbes.com\/companies\/shanghai-pharmaceuticals\/?sh=71291e005e96\">Shanghai Pharma<\/a>, and <a href=\"https:\/\/www.hzkangji.com\/\">Kangji Medical<\/a>, as well as leading Technology Transfer Organizations in Israel such as <a href=\"http:\/\/www.yissum.co.il\/\">Yissum<\/a>, <a href=\"https:\/\/www.mor-research.com\/\">Mor<\/a> and <a href=\"https:\/\/rnd.sheba.co.il\/technology_transfer\">Sheba<\/a>.<\/p>\n\n\n\n<p>The Fund also announced a new strategic partnership with <a href=\"https:\/\/www.prnewswire.com\/news-releases\/china-electronics-data-and-wuxi-apptec-form-cw-data-a-joint-venture-to-offer-one-stop-healthcare-big-data-solutions-300735727.html\">CW Data<\/a> to create a one-stop big data solution for the healthcare sector. CW Data is a joint venture between China Electronics Data Service Co., Ltd. (CECD) and <a href=\"https:\/\/www.wuxiapptec.com\/\">WuXi AppTec<\/a>, a leading life sciences technology platform, with 10,000 employees and operations in both China, United States, Europe, and Asia. RunYoung and CW Data will pool resources and explore a flexible cooperation model to streamline the introduction of cutting-edge technologies and medical treatments to China.<\/p>\n\n\n\n<p>\u201cIsrael plays a pivotal role in global life sciences innovation\u201d said Roger Lu, Founder &amp; Chairman of the RunYoung Technology Transfer Center fund. \u201cOur new strategic partnerships, including with CW Data and others, will facilitate the introduction, incubation, and commercialization of these technologies in China, which will ultimately benefit Chinese patients.\u201d<\/p>\n\n\n\n<p>RunYoung has already invested in three Israeli life sciences companies and several research projects originated at various Technology Transfer Offices. The Fund boasts both Israeli and Chinese advisory consulting teams, including a Nobel Prize winner, scientists, physicians and key thought leaders from leading medical and pharma companies and the CFDA. The Fund is managed in Israel by Dr. Benny Zeevi a veteran of the Israeli life sciences industry.<\/p>\n\n\n\n<p>\u201cIsrael is a tiny market with a world-leading innovation ecosystem, while China is a massive market in need of innovation,\u201d said Dr. Benny Zeevi. \u201cWith a fantastic team in place capable of identifying the most cutting-edge life science technologies early, RunYoung will be a bridge that will connect Israeli startups with the ever-growing Chinese market.\u201d<\/p>\n\n\n\n<h3 class=\"gb-headline gb-headline-55651cf0 gb-headline-text\">About RunYoung<\/h3>\n\n\n\n<p>RunYoung is an early-stage venture capital firm investing in Israeli life science companies. It has strategic partnerships with leading pharmacological, medical device companies, and TTOs in China and Israel. The Fund boasts both Israeli and Chinese advisory consulting teams, including Nobel Prize winners, scientists, physicians and key thought leaders from leading medical and pharma companies and the CFDA. Read more about RunYoung here: <a href=\"https:\/\/runyoung.tech\/en\/\">https:\/\/runyoung.tech\/en\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SHANGHAI &amp; TEL AVIV, Nov. 2, 2020 \u2013 The RunYoung Technology Transfer Center (\u201cRunYoung\u201d or \u201cthe Fund\u201d) launched with a $50M fund dedicated to investing in Israeli early-stage life sciences companies that have expansion aspirations in China. Early stage life &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"RunYoung Launches with $50M Life Sciences Fund &#038; Strategic Partnerships Aimed at Bringing Israeli Tech to China\" class=\"read-more button\" href=\"https:\/\/runyoung.tech\/en\/runyoung-and-cw-data-enter-strategic-partnership\/#more-1020\" aria-label=\"Read more about RunYoung Launches with $50M Life Sciences Fund &#038; Strategic Partnerships Aimed at Bringing Israeli Tech to China\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":1177,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","footnotes":""},"categories":[14],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>RunYoung Launches with $50M Life Sciences Fund &amp; Strategic Partnerships Aimed at Bringing Israeli Tech to China - RunYoung<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/runyoung.tech\/en\/runyoung-and-cw-data-enter-strategic-partnership\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"RunYoung Launches with $50M Life Sciences Fund &amp; Strategic Partnerships Aimed at Bringing Israeli Tech to China - RunYoung\" \/>\n<meta property=\"og:description\" content=\"SHANGHAI &amp; TEL AVIV, Nov. 2, 2020 \u2013 The RunYoung Technology Transfer Center (\u201cRunYoung\u201d or \u201cthe Fund\u201d) launched with a $50M fund dedicated to investing in Israeli early-stage life sciences companies that have expansion aspirations in China. 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TEL AVIV, Nov. 2, 2020 \u2013 The RunYoung Technology Transfer Center (\u201cRunYoung\u201d or \u201cthe Fund\u201d) launched with a $50M fund dedicated to investing in Israeli early-stage life sciences companies that have expansion aspirations in China. Early stage life ... Read more","_links":{"self":[{"href":"https:\/\/runyoung.tech\/en\/wp-json\/wp\/v2\/posts\/1020"}],"collection":[{"href":"https:\/\/runyoung.tech\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/runyoung.tech\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/runyoung.tech\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/runyoung.tech\/en\/wp-json\/wp\/v2\/comments?post=1020"}],"version-history":[{"count":7,"href":"https:\/\/runyoung.tech\/en\/wp-json\/wp\/v2\/posts\/1020\/revisions"}],"predecessor-version":[{"id":1821,"href":"https:\/\/runyoung.tech\/en\/wp-json\/wp\/v2\/posts\/1020\/revisions\/1821"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/runyoung.tech\/en\/wp-json\/wp\/v2\/media\/1177"}],"wp:attachment":[{"href":"https:\/\/runyoung.tech\/en\/wp-json\/wp\/v2\/media?parent=1020"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/runyoung.tech\/en\/wp-json\/wp\/v2\/categories?post=1020"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/runyoung.tech\/en\/wp-json\/wp\/v2\/tags?post=1020"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}