China Pictorial (English)

H. Fai Poon:

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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.

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