SoCalBio Hosts a China Partnership Summit Featuring Proa Medical

Held on June 6 at the Jonathan Club in downtown Los Angeles, this summit honored a delegation from the City of Shenyang, Liaoning Province in Northern China,which was led by Shenyang 's Vice Mayor Kai Hunag. The Summit featured presentations by Southern California device and biotech companies -- including Proa Medical -- with interest in the fast growing Chinese market. SoCalBio is currently exploring the possibility of creating an innovation hub in Northern China to help American companies tap the Chinese market for resources to perform pre-clinical and clinical research and identify partners for manufacturing, marketing and distribution services. Also, various proposals are being examined to determine how to make Los Angeles the signature destination of biomed Chinese companies interested in creating presence in the US.