AGP Support: Innovation Management, Venture Building, Innovation Scouting
Industry: Healthcare & Life Sciences
Industry: Healthcare & Life Sciences
China Digital Innovation Hub Setup
Client
A global healthcare company specializing in diabetes and obesity care, with a focus on digital transformation in the healthcare industry.
Situation
The client believed that combining their pharmaceutical expertise with disruptive digital health innovators would accelerate their digital transformation. To achieve this, they planned to establish a digital innovation hub in China to engage with local ecosystem players and drive new partnerships.
Approach
Asia Growth Partners partnered with the client’s global innovation team to set up the digital innovation hub in China, guiding them through all aspects of launch and initial operations.
- Map the digital health ecosystem in China, identifying key startups, investors, incubators, academic institutions, and regulators.
- Manage stakeholder relationships and define key problem statements.
- Activate the accelerator program to recruit startups and localize it for the Chinese market.
Results
- Over 350 stakeholders, including startups, investors, incubators, accelerators, and corporate programs, were mapped to guide the client’s strategic planning.
- Multiple expert exchange sessions were held to ensure the global management team remained informed about the local landscape.
- The hiring process led to the identification of 15+ key profiles, resulting in the successful recruitment of the China program lead.
- The accelerator was launched and localized for the Chinese market, with ongoing results expected from the program.
