H. Fai Poon:
Witnessing the Biopharma Industry Boom in the Greater Bay Area
I was born in Foshan, raised in Hong Kong, educated in the United States, and I finally returned to my roots and started a business in Zhongshan, my mother’s hometown, riding the wave of the development of the Greater Bay Area.
After obtaining a PH.D., I joined the renowned pharmaceutical company Merck & Co Inc. When my father came to the United States for a visit, he expressed regret about his inability to communicate with my son because the little boy didn’t speak Chinese. His words struck me, and I eventually realized I had to return to China. I came back in 2012 before my boy started school because I believe education in China is good enough. Also, I believe China’s development has created more opportunities.
My choice proved to be the right one. The progress of China’s biomedicine in the past 10 years has exceeded my imagination. In the second half of 2017, I decided to start my own business. In April 2018, I established Quacell Biotechnology, Co., Ltd. Thanks to the rapid development of the biomedicine industry in the Greater Bay Area and support measures from the local government covering policy, financing, startup services and supporting industries, Quacell has grown from a 12-member team in a 900-square-meter R&D lab to a big company with over 100 employees and a 7,000-square-meter innovation service platform.