For Immediate Release: October 13, 2011
Contact: Mary Trupo (202) 482-3809
Senior U.S. Trade Official Kicks Off Biotechnology Life Sciences Trade Mission in Beijing
U.S. Delegation of 19 Companies to Explore Export Opportunities in Growing Marketplace
BEIJING – Under Secretary of Commerce for International Trade Francisco Sánchez arrived in Beijing today with 19 U.S. companies seeking opportunities to establish a foothold in China’s expanding biotechnology sector. “China is one of the most important future markets for U.S. biotechnology firms,” Sánchez said. “I’m pleased to bring this delegation to Beijing to meet with Chinese public and private sector officials to explore potential partnerships that will benefit both our economies.”
U.S. biotech and life science firms consider China a key future market in terms of sales and clinical trial opportunities, and potential investment. China’s enormous consumer base and impressive economic growth further reinforce the importance of the market for U.S. firms.
The mission will provide U.S. participants with first-hand market information and access to government decision makers. U.S. companies will be introduced to distributors, public and private buying agents and other potential business partners. Additionally, one-on-one meetings will be arranged with potential agents, distributors, and partners, enabling U.S. companies to position themselves to enter the Chinese market or expand their presence there.
“We have three full days of government and business meetings here in Beijing and I know the U.S. businesses joining me today are as optimistic as I am in the potential to grow their business here in China,” said Sánchez.
The mission will also make a stop in Hong Kong. This trade mission advances President Obama’s National Export Initiative which aims to double U.S. exports by the end of 2014, supporting economic and job growth.
Below is the full list of trade mission participants:
- Abaxis, Inc. - Union City, Calif.
- Amgen, Inc. - Thousand Oaks, Calif.
- Andalyze, Inc. – Champaign, Ill.
- Applied Science, Inc. – Grass Valley, Calif.
- Asuragen, Inc. – Austin, Texas
- BioTheme Research Solutions, Inc. – Davie, Fla.
- Codonics, Inc. – Middleburg Heights, Ohio
- DiaCarta LLC– Hayward, Calif.
- Dynavax Technologies Corporation – Berkeley, Calif.
- Fujifilm Diosynth Biotechnologies – Morristown, N.C.
- Genzyme Corporation – Cambridge, Mass.
- HDR Architecture, Inc. – Omaha, Neb.
- Holabird & Root LLC – Chicago, Ill.
- Immunophotonics, Inc. – Columbia, Mo.
- Kornberg Associates – Menlo Park, Calif.
- Oregon Bioscience Association – Portland, Ore.
- Ted Jacob Engineering Group – Oakland, Calif.
- Therapeutic Proteins, Inc. – Chicago, Ill.
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