Recently, relevant people of the Livzon Group introduced the reason for the placement of precision medicine in this famous enterprise that started with digestive tract drugs.
The source said that in May of last year, the Livzon Group had begun planning to sign a framework agreement for the establishment of a Sino-foreign joint venture in China with the company cynvenio in Delaware.
Cynvenio specializes in tumor gene detection services and is the first company in the world to adopt high-purity extraction of circulating tumor cell populations for DNA sequencing. It independently develops software and workflows for sequencing rare cells and has autonomous technology. Intellectual property.
In March of this year, the joint venture was established and named Zhuhai Lizhu Shengmei Medical Diagnostic Technology Co., Ltd., marking the first attempt by Livzon Group to explore tumor gene detection and precision medicine. Among them, Zhuhai Livzon Reagent Co., Ltd., a subsidiary of Livzon Holding Co., Ltd., invested 62 million yuan in cash, accounting for 60% of the registered capital; cynvenio invested RMB 41,333,300 in intellectual property, accounting for 40% of the registered capital. The new company will be engaged in the research and development, production and sales of medical diagnostic equipment and reagents, in vitro diagnostic technology development, consulting, communication, promotion and transfer services, and medical diagnostic equipment maintenance services.
The above-mentioned person said that the establishment of the joint venture company shows that the management of both parties has strong industry sensitivity and long-term strategic vision. China has huge market demand, with more than 3 million new cancer cases every year. Due to environmental pollution, aging, urbanization and other reasons, China's cancer mortality rate is three times that of developed countries; China's cancer case sample resources are abundant, and product clinical development costs Low; cooperative enterprises may undertake equipment and consumables production in China in the future, which will reduce production costs; selecting domestic high-quality enterprises will also facilitate future domestic commercial promotion; Livzon also has rich cross-border experience, and the product field extends from the initial digestive field to In the fields of traditional Chinese medicine, anti-infection, psychology, and assisted reproductive products, there are more than 100 kinds of products. In 2010, a monoclonal antibody biopharmaceutical company was established, and it officially entered the field of bio-pharmaceuticals. Currently, there are 8 varieties, and there is already one. The product entered the second phase of clinical.
Precision medicine is a medical model for disease prevention and treatment that is “customized†based on the individual characteristics of patients. Based on personal genomic information, it is designed to optimize the individualized prevention of “one person, one treatment, one medicineâ€. And a treatment plan to achieve a customized medical model that maximizes the treatment effect, minimizes side effects, and costs the economy. In January last year, US President Barack Obama put forward the "precise medical plan" in the State of the Union address, hoping that precision medicine can lead a new era of medicine. A month later, China's Ministry of Science and Technology and the National Health Planning Commission set up the "Precision Medical Strategy Expert Committee"; the next month, the "National Precision Medical Strategy Expert Meeting" was held for the first time, and the precise medical plan was launched.
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