yourwaycareer

Company Name: CBC Group Industry: Healthcare/Private Equity Brief History: CBC Group is the largest healthcare-focused asset management group in Asia, headquartered in Singapore, specializing in private investments in the healthcare and biotechnology sectors. The company was founded by Wei Fu in 2014 and is dedicated to the research and development of innovative drugs, commercialization, and investments in healthcare enterprises and service industries. Products or Services: CBC Group primarily provides investment management services in the healthcare sector, covering various areas such as innovative drugs, medical devices, and healthcare service platforms. Its business model is centered around "investor-operator," supporting the growth of healthcare enterprises through direct investments and holdings. Additionally, CBC Group is involved in healthcare infrastructure investments, such as the development and operation of life sciences industrial parks. Major Achievements: CBC Group has achieved significant milestones in the healthcare sector. For example, in August 2023, CBC Group, in partnership with the Middle Eastern investment company Mubadala, acquired the neurology and allergy business of global biopharmaceutical company UCB in China for $680 million (approximately 4.843 billion RMB). At the same time, CBC Group successfully completed fundraising for several healthcare funds, such as raising $500 million in the first round for the CBC Healthcare Industry Facility Platform to develop China's largest independent third-party life sciences industrial facility. Furthermore, CBC Group has also realized capital exits through innovative methods such as pharmaceutical licensing financing, with the Ruichao Credit Fund earning back 180 million yuan within three years.