Auzzi Shopping

Men's Weekly

.

Cedrus Group Signs Investment And Advisory Collaboration Agreement With Xiuzheng Pharmaceutical Group

  • Written by Auzzi Shopping

BEIJING, CHINA - Media OutReach - 16 May 2023 - Cedrus Group ("Cedrus"), a global Swiss financial group, is pleased to announce that it has signed a collaboration agreement with Xiuzheng Pharmaceutical Group ("Xiuzheng") in March 2023.

Xiuzheng is a renowned Chinese pharmaceutical major; namely, it engages in R&D, production and marketing of patent medicine, chemical and biological medicine, franchise operation of pharmacies, and standardized cultivation of Traditional Chinese Medicine (TCM). Xiuzheng owns 130 subsidiaries, employs a workforce of over 100,000 and has more than 2,000 references of medicines and health foods.

Central to the collaboration, which jointly aims to assess and conduct direct investments in the life sciences industry, is the eagerness to invest in the world's leading innovators in the sector and become their trusted partner in their expansion into the Greater China Region. Bringing these innovative companies to the region will yield a plethora of benefits for the already highly sophisticated Chinese life sciences sector. Cedrus will leverage its connectivity across the life sciences industry globally, along with its deploying its distinguished investment banking services and capitalizing on its European headquarters in Zurich, to act as a holistic enabler and connector between Xiuzheng and overseas technologies and products in the course successfully executing cross-border transactions. Additionally, Cedrus will advise Xiuzheng in order to establish itself on a global-scale and write further chapters in its success story. In addition to investment, Xiuzheng will provide valuable support to the opportunities brought to China, namely in the form of clinical trials advisory, access to manufacturing partners and utilizing its experienced work force to market and distribute products.

For over a decade, Cedrus has been actively engaged in bringing foreign innovative technologies, products and treatments from across the life sciences space, in particular from Switzerland and other European countries to the Greater China region. Cedrus, in its capacity as an investor and advisor, identifies visionary companies looking to gain early access to one of the largest pharmaceutical markets in the world and partners with them, offering investment and ongoing advisory in their market entry and growth in China.

Mr. Rani Jarkas, Chairman of the Cedrus Group, said that "We are proud to be working closely with Xiuzheng to invest and bring innovative life sciences companies to China. An investment committee has been formed and regular meetings are held to assess to robust pipeline of opportunities. Combining the unique domain expertise of Cedrus and Xiuzheng, we are creating an unparalleled and momentous win-win situation where we bring unique technologies to China and build on the esteemed reputation of our partner Xiuzheng in China and support its transition into a world-class Chinese global pharmaceutical group."
Hashtag: #CedrusGroup

The issuer is solely responsible for the content of this announcement.

About Cedrus Group

is a private Swiss financial group with integrated investment banking and investment capabilities. In addition to offering Private Wealth Management, Investment Management and Financial Advisory Services, Cedrus, through its group companies, invests directly and globally in businesses and projects by leveraging its specific expertise in life sciences, natural resources, nanotech and innovative technologies. Cedrus' Greater China Region headquarters are in Beijing, with European headquarters in Zurich and further offices strategically positioned across the globe.

Today's Features at Auzzi

What Makes a Brazilian Jiu Jitsu Gym in Melbourne Ideal for Personal Safety Training

Key Highlights Brazilian Jiu Jitsu in Melbourne emphasises self-defense techniques and leverage-based strategies suitable for individuals of all sizes. Gyms offer expert instructors, m...

How Aussie Women Can Achieve a Glamorous Look with the Right Hair Extensions Supplier

Key Highlights Hair extensions offer an instant transformation, allowing Aussie women to achieve a flawless finish and glamorous appearance. Selecting the right supplier ensures superi...

From Paddock to Plate: Australian Chefs Embrace Local Extra Virgin Olive Oil

Key Highlights Australian chefs are incorporating local extra virgin olive oil into their culinary creations, emphasising its distinct flavours and health benefits. The use of early ha...

Physical Rejuvenation Through Clinical Pilates: A Solution for Melbourne’s High-Performers

Key Highlights Clinical Pilates offers tailored exercise programs to meet individual needs, enhancing physical strength, core stability, and overall wellbeing. It is particularly effec...

The Romantic Side of a Mount Buller Tour for Honeymooning Couples

Photo: Alzburg Resort Mansfield Key Highlights Mount Buller offers a dreamy escape high in the Victorian Alps, making it perfect for honeymooners seeking romance. Spectacular activities...

10 Key Steps for Parents Navigating Primary School Enrolment in Victoria

Key Highlights Navigating primary school enrolment in Victoria involves understanding the enrolment criteria and placement policies. Researching neighborhood schools and finding your l...

How to Gently Whiten Your Teeth Without Harming Your Enamel

Source Image We all want whiter and cleaner teeth. However, there is a ton of misinformation out there. We do live in the age of the internet after all, and myths can spread faster than w...