Crayfish.io is pleased to announce a strategic partnership with London BioScience Innovation Centre (LBIC). Crayfish will provide LBIC’s clients with a special rate on its digitalised business services, tailored consultancy and bespoke marketplace platform to help them succeed in China. LBIC is home to over 50 life science companies that could benefit from the new offer.
Dr Rich Ferrie, CEO at LBIC, welcomed the partnership which, he said, “will add further value to our Business Support Network, which provides extensive support and guidance to entrepreneurial start-ups and overseas companies based at the Centre.
“Crayfish’s curated package of business services will be an excellent springboard for LBIC’s client companies as they look to look to expand their operations and penetrate markets within China and Asia. We have been impressed with Crayfish’s holistic and cost-effective approach to help entrepreneurs to succeed in China, and their commitment to quality.”
Crayfish.io founder and CEO Ting Zhang echoed that: “We are delighted to be working with the London BioScience Innovation Centre as a Strategic Partner for China. London has been playing an important role for trade and investment with China, and we hope that Crayfish’s range of business services can help LBIC’s innovative biotech companies at all stages of their expansion into China, and East and Southeast Asia.”
“The Chinese pharmaceutical sector is second only to the US market and is forecasted to reach US$300.9bn by 2025 at a 12.2% CAGR. Even for a start-up, it’s important to think big and have a China strategy in place. We are looking forward to working with LBIC and the businesses at the Centre and together we hope to create some business success cases soon.”
About London BioScience Innovation Centre (LBIC)
The London Bioscience Innovation Centre (LBIC) was established in 2000 as London’s first specialist incubator for the life science industry and is currently home to over 50 clients. Based near Kings’ Cross St Pancras International station, LBIC provides a focus for life science activity in the UK capital, offering laboratory and office facilities as well as a virtual service to meet the needs of a wide range of organisations, from micro businesses to multi-national corporations. LBIC is committed to improving sustainability across its own operations and those of its clients and is working to become carbon neutral.
LBIC is owned and operated by the prestigious Royal Veterinary College (RVC), the UK’s largest and longest-established veterinary institution and a leading centre for comparative and translational medicine.
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Crayfish® helps fast-growing businesses succeed in China.
We work with companies from initial market entry through to profitable growth, offering a portfolio of essential business and professional services, delivered by the Crayfish® team and vetted multilingual partners. Our approach is based on four commitments – commercial confidence, connections, cultural guidance, and cost certainty – providing you the maximum benefits of doing business, with the minimum risk and exposure.
Whether you are new to trading with China, or are looking to expand, you’ll find the solution at Crayfish.io.