Many years ago, when I decided to return to China after having spent more than two decades in the U.S., I had only one thought on my mind: “The 21st century belongs to China.”
In 2005, BVCF was founded as China’s first US dollar fund that focuses on life sciences and healthcare. Since then, BVCF has embarked on an exciting adventure. BVCF chose healthcare for a simple set of rationales: China has the world’s largest population, a robust economy, rising disposable income, an inefficient healthcare system with many unmet medical needs. And more importantly: as a returnee scientist who has long worked in the field of life sciences, I consider it a great honor and mission bestowed upon me to serve my fellow countrymen.
My intuition has been proven right by the stellar track record of BVCF, which benefited greatly from the “leapfrog” development of China’s healthcare industry in the past 16 years. Our Odyssey and efforts have won us stable outsized investment returns with limited risks. And it has truly been our great privilege to rub shoulders with some of the most brilliant minds in the field and witness and support the growth of many future industry leaders.
After 16 years of exciting adventure, I’d like to extend my heartfelt gratitude towards those who have given great trust and support to us. Knowing and working with you is in itself the reason of, and reward for, our hard work.
The future presents us with a lot to look forward to. Emphasis on quality of generic drugs, greater government endorsement on local innovation and R&D improvement, a more open and dynamic capital market, etc. will boost the Chinese healthcare industry to an unprecedented height, opening up a new window of historic opportunities for all.
We look forward to another decade of success!
Zhi Yang, PhD
Chairman, Founder & Managing Partner
BVCF Managment, Ltd