HAINAN, CHINA – Media OutReach – October 28, 2023 – From 12th at 13th In October, a delegation from Hainan Province, organized by the Hainan Provincial Government, visited Denmark for a series of business events aimed at attracting investment and talents. During the events, the first and currently only special medical zone in China, Boao Lecheng International Medical Tourism Pilot Zone (Boao Hope City), was introduced at the Hainan Free Trade Port Promotion Conference, Lecheng in Denmark, the delegation also took the opportunity to visit some local pharmaceutical companies and relevant institutions in Denmark, sharing opportunities and presenting the aspirations for win-win cooperation.
Representatives and managers from more than 30 renowned international pharmaceutical and medical device companies, such as Denmark’s ALK, Nordic Life Science Partners ApS (NLSP), and the Danish Life Science Cluster, came together to explore potential collaborations and common goals in the medical sector between Denmark and Hainan Free Trade Port during the promotion event. The discussions mainly focused on emerging opportunities and future prospects for cooperation, as well as specific areas of collaboration within the biopharmaceutical industry. Fruitful conversations took place with the Hainan delegation, fostering meaningful exchanges. The 2 to comesd The Boao International Conference on Real-World Studies of Medical Products, scheduled for the end of October this year, also attracted the interest of participants. It is estimated that around 800 experts, academics and executives from national and international pharmaceutical regulatory agencies, research institutes and pharmaceutical companies will participate in the conference.
During the event, the Boao Lecheng International Medical Tourism Pilot Zone Administration, the Danish Life Sciences Cluster and the NLSP came together to sign a strategic cooperation agreement. The agreement aims to foster deeper collaboration in various areas such as healthcare, prevention and management of chronic diseases, telemedicine, digital health, as well as the introduction of innovative medicines and medical devices.
The next day, the administration of the Boao Lecheng International Medical Tourism Pilot Zone, together with representatives of medical institutions in the zone, continued their investment and business activities in Denmark. They actively engaged in exchanges and established connections with Healthcare Denmark, ALK and other innovative pharmaceutical companies and relevant institutions in Denmark, aiming to advance cooperation in the biopharmaceutical industry.
Officials of the Hainan provincial government recognized Denmark’s global reputation in the health sector and highlighted the open environment for foreign trade and the unique medical policies offered by the Hainan Free Trade Port which could bring benefits to the town of Boao Hope. As the benefits and advantages offered by the Hainan Free Trade Port policies gradually become obvious and accessible and the business environment improves, Denmark and Hainan can leverage their respective strengths to explore new opportunities. Significant opportunities for cooperation in the medical sector.
Representatives of Healthcare Denmark recognized the thriving development of the Hainan Free Trade Port, which provides broad growth prospects for multinational pharmaceutical companies. They expressed their determination to focus on Hainan and Boao Hope City, making the most of the distinctive political advantages and strategic location offered by the Hainan Free Trade Port and Boao Hope City. They also highlighted their intention to leverage their institutional links with high-quality medical resources in Denmark to foster deeper cooperation and explore development opportunities.
Hainan, the city of hope of Boao（http://fr.lecityhn.com/）capitalized on the advantages of the “pilot zone” policy and collaboration with international pharmaceutical and medical device companies. It has established strong partnerships with more than 170 pharmaceutical and medical device companies in more than 20 countries and regions. This collaborative effort facilitated the introduction of more than 350 emergency imported medical devices for clinical use. Additionally, leveraging Boao Hope City’s real-world evidence-based clinical evaluation, twelve products have successfully obtained domestic market registration. As a result, Boao Hope City has become the main gateway for international innovative pharmaceutical and medical devices to accelerate their entry into the Chinese market.
In the future, Boao Hope City will further strengthen its commitment to openness and cooperation. It will strengthen collaborations with global pharmaceutical companies and outstanding expert teams, constantly introducing high-quality medical resources and advanced pharmaceutical products into technologies around the world. The objective is to accelerate entry into the innovative and international Chinese market, ultimately benefiting the general public. These efforts will also help position the Hainan Free Trade Port as a major hub for medical innovation in China.
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