medical device company incubator, illustrate Domain's innovation not only in addressing healthcare needs but also in establishing important collaborations that facilitate company creation for the development and marketing of cutting-edge technologies." "Domain's investment in Eddingpharm, a Chinese pharmaceuticals marketing company, and involvement in The Foundry, the premier U.S.
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"With more than three decades of experiences, connections and accomplishments in life sciences investing, Domain Associates understands how to found and execute industry leading investment solutions to launch and build successful companies that meet healthcare needs," said Mr. Domain has provided seed financing to Domain Elite for the initial search and evaluation process and will contribute more significant capital for each new technology introduced to China.
The partnership brings together Elite Consulting's in-depth knowledge of the Chinese healthcare landscape with Domain's capital and deep networks, both within its portfolio and throughout the industry. Everyone benefits when patients can access the most advanced technologies to improve health." "Our analysis of the needs of the Chinese healthcare market led us to develop Domain Elite as a bridge between overseas technology companies and Chinese doctors and patients. "From patients to doctors to the government, health is of major importance to everyone in China," said Micah Zimmerman, partner at Elite Consulting. In the process, Domain will create its own investment opportunities in the rapidly expanding Chinese market." These companies will bring the most effective new drugs and novel technologies to fulfill unmet medical needs and improve healthcare in China. "We see Domain Elite as the first partnership of its kind to create new companies by leveraging the resources of both China and the U.S. "The Chinese healthcare system has a great and significant need for best-in-class, innovative therapies and medical products," said Brian Halak, Ph.D., partner at Domain Associates.
The partnership is exclusive and is envisioned to be the source of multiple emerging businesses in China over the course of several years. Target technologies will be mainly focused in the areas of pharmaceuticals, diagnostics, and medical devices. The partnership called Domain Elite ( will establish new companies and joint ventures in China that will provide Western companies the financing, regulatory, medical, and marketing support and infrastructure needed to bring their breakthrough products to China. venture capital firm investing in breakthrough life sciences technologies, and Elite Consulting, consultants and financial advisors to the Chinese pharmaceutical and medical device industry, today announced a partnership to bring the most advanced healthcare products and technologies to China. PRINCETON, N.J., SAN DIEGO and BEIJING, Ma/PRNewswire/ - Domain Associates, a U.S.
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