New industrial landmark | The groundbreaking ceremony of Basecare Medical headquarters building
September 9, 2021 · Suzhou
A grand groundbreaking ceremony of Basecare Medical headquarter building located in Dushu Lake Science and Education Innovation Zone of Suzhou Industrial Park was staged on the morning of September 9th

A grand groundbreaking ceremony of Basecare Medical headquarter building located in Dushu Lake Science and Education Innovation Zone of Suzhou Industrial Park was staged on the morning of September 9th. Lin Xiaoming, deputy secretary of Party Working Committee and director of Management Committee of Suzhou Industrial Park, Xu Wenqing, secretary of Party Working Committee of Dushu Lake Science and Education Innovation Zone of Suzhou, Yang Xiaobo, deputy director of Science and Technology Innovation Committee of Suzhou Industrial Park, Yin Jianguo, president of Suzhou Industrial Park Biotech Development Co., Ltd., Dr. Liang Bo, founder of Suzhou Basecare Medical Corporation Limited and other relevant guests attended the ceremony.

Under the energetic support of Suzhou Industrial Park administration, Basecare Medical was approved to assert 21333.3m²of land for the construction of the headquarters building with a total architecture area of 71500m², which marked a new milestone for Basecare Medical. The major goal of this project is to form the largest fertility IVD industry chain of China with domestic high-end NGS equipment manufacturing upstream and downstream clusters as an international incubation center for the introduction and transformation of advanced technologies, so as to achieve industrial scale expansion.

Liang Bo, founder of Basecare Medical, said in a speech: “I am very pleased that Basecare Medical has ushered in the groundbreaking ceremony of the headquarters building in the 11th year of its establishment. Thanks to the care and support given by the Suzhou municipal government and various departments of the Park to help us grow from a small-scale innovative company to a “unicorn” cultivation enterprise. We are lucky to realize today’s achievements. In the future, we will continue to move forward by upholding the mission of helping more families have healthy children!”

Mr. Xu Wenqing congratulated the foundation-stone laying ceremony of Basecare building. He said that Basecare Medical’s outstanding performance since its establishment fully demonstrated the forceful industrial strength and tremendous development potential in the Science and Education Innovation Zone. He hoped that Basecare would take this as a new starting point for  sustainable exploration, development and devotion in the park, and constantly promote the advancement of China’s PGD/PGS industry to benefit more Chinese and even global families.

The officiating guests on the scene earthed up to make best wishes for the opening of Basecare Medical headquarters building. Later, Mr. Lin Xiaoming and Dr. Liang Bo co-chaired the finishing of the groundbreaking ceremony by painting eyes of the dancing lion which symbolized the new chapter Basecare Medical’s development.

As the first IVD company listed on the main board in assisted reproduction (stock code: 2170HK),  Basecare Medical plans to establish a national high-end reproductive equipment R&D and manufacturing center in Suzhou to provide an incubation environment for the R&D and manufacturing of some assisted reproduction upstream and downstream high-end equipment, shaping into a R&D and production base of classy instruments and equipment that can provide a full range of integrated domestic equipment solutions for the fertility field and provide progressive upstream and downstream device clusters for the development of assisted reproduction.
Basecare Medical has acquired CNY2 billion of IPO financing mainly for the R&D and manufacturing of new products which occupies 21,700m2 of the building. As scheduled, we will introduce 2-3 academician teams to establish a global top KOL scientific advisory board with the aim of creating a domestic first-class technological innovation platform, a bridge combining production, academy and research. Basecare Medical has built a full reproductive cycle industry chain around embryo testing kit, and plans to incubate 1-2 companies for each product. In the future, we will incubate dozens of companies to promote China’s assisted reproductive gene industry to the international market.
Rooted in Suzhou, Basecare has developed well and will feedback as the subsection leading enterprise that first owns a whole industry chain from reagents to instruments. We will continue to focus on the internal and external aspects of R&D, adhere to the compliance of product registration and certification, and complete the global layout as soon as possible. Keeping our mission in minds, Basecare staff will repay this era with our excellent results that can help more families deliver healthy children and contribute to the country and the nation’s eugenics, and push forward Basecare as an international brand in the field of reproduction.