NETDA accelerates growth of pharmaceutical industry

In recent years, the Nantong Economic and Technological Development Area (NETDA) has been providing comprehensive support in an effort to boost the growth of the pharmaceutical industry.

In 2022, to better align the innovation chain with the industrial chain, the development area collaborated with leading domestic organizations to design and plan the Nengda Biopharma Innovation Park.

Today, the innovation park offers a full range of public service facilities, including a business service center, a roadshow center, and an industrial collaboration center, creating an optimal environment for businesses to thrive.

Chenxing (Nantong) Medical Devices Co Ltd is a standout company in the park. Despite only having moved in less than two years ago, it has made significant progress in developing its flagship products, including heart valves, atrial shunts, and pulmonary thrombectomy systems.

When Chenxing needed more funding, the innovation park swiftly implemented a customized support plan. Anticipating challenges, the park proactively organized a series of financing and investment matchmaking activities, ensuring the company's steady growth.

The Nengda Biopharma Innovation Park. [Photo/Nantong Daily]