BEIJING, Oct. 22, 2018 /PRNewswire/ -- China Electronics
Data Service Co., Ltd. ("CECD") and WuXi AppTec announced today
to set up a joint venture, CW Data,
to offer one-stop big data solutions for the healthcare sector.
Based on hospital medical and prescription data, CW Data will
provide healthcare data solutions for pharmaceutical companies,
biotechnology companies, payers, providers, policy makers,
healthcare professionals and other life science industry
organizations, thereby further promoting the innovation and
development of the China's
healthcare ecosystem and benefiting more Chinese patients.
Relying on CECD's National healthcare big data platform and
National healthcare big data security platform and strictly
complying with the National Healthcare Big Data Safety and
Supervision laws and regulations to ensure multi-dimensional data
security, CW Data will integrate with WuXi AppTec's unmatched deep
domain expertise in drug discovery and development to leverage
highly innovative data collection, data mining and data analytics,
provide end to end technology solutions and services ranging from
drug discovery and development to post-marketing drug efficacy
evaluation and drug distribution, and assist customers to deeply
explore the needs of Chinese patients, so that more new drugs and
therapies with urgent medical needs
will be launched earlier in China.
CW Data will build and lead the next generation of healthcare big
data analytics.
"The establishment of CW Data is an important cornerstone for
CECD into healthcare analytics and big data. Healthcare big data is
one of the key national strategic resources. The development of
various big data applications will bring profound changes in the
healthcare sector. WuXi AppTec is a leading global pharmaceutical
and medical device open-access capability and technology platform
company. The future of CW Data is tremendous. CW Data will combine
big data, cloud computing, artificial intelligence and other
cutting-edge technologies to connect hospitals, insurance, disease,
prescriptions, clinical, and genomics data to provide real world
evidence and business insights to domestic and foreign
biotechnology companies, drug distributors and medical device
companies. Finally, achieve
the vision of CECD – 'Making people healthier and happier'". said Li Shifeng, Chairman of CECD.
"This collaboration is a significant move for WuXi AppTec to
strengthen our capability in medical big data industry and provide
more effective solutions for the whole healthcare ecosystem with
the efficient integration of hospitals' medical data, drug research
and development resources." said Dr. Ge
Li, Chairman and CEO of WuXi AppTec, "Through this
collaboration, we will enable more doctors, scientists and
healthcare companies by exploring more precise patient needs and
more insightful healthcare data analytics, to achieve the dream
that every drug can be made, every disease can be treated."
Andy Liu, CEO of CW Data and a 20
year veteran of the healthcare industry said: "This is indeed a
very special joint venture. The combination of CECD and Wuxi AppTec
enables CW Data to take a leadership role in healthcare big data
analytics and to drive changes that will ultimately benefit the
patients. We look forward to building the future and working with
other healthcare big data, AI, cloud and software companies to
achieving our goals."
About CECD
China Electronics Data Service Co., Ltd. (CECD) is a national
healthcare big data group company led by China Electronics
Corporation under the guidance of the National Health Commission of
PRC. CECD is a National High-Tech Enterprise and Zhongguancun
High-Tech Enterprise, it adheres to the principle of "safety first,
data services, platform operation, ecological development" to
structure two core capabilities: "Safety "and "Intelligence".
Relies on the national team of security and informatization -
China Electronics Corporation, CECD forged a full life cycle data
security system with the tri-alliance of security integrated
system, management and control system, and safety contingency
system, based on securities of nature, process, industrial control,
and data.
CECD is the main operator of the National Healthcare Big Data
Center and Industrial Park (Fuzhou), the only implementation unit of the
National Development and Reform Commission (hereinafter referred to
NDRC) key program "Internet + Healthcare", the co-construction unit of NDRC
Healthcare Big Data Engineering Laboratory, and the Secretary
General unit of the Healthcare Big Data Development and Information
Security Committee of China Health Information Association (China
Healthcare Big Data Industrial Alliance). As the chief initiator,
CECD is the key funder of Shanghai Data Exchange Corp. Also, it established CEC Healthcare Fund and
its management company – CEC Data and Finance Investment Management
Co., Ltd., to build the ecosystem of healthcare big data.
About WuXi AppTec
WuXi AppTec (603259, SH) is a leading global pharmaceutical and
medical device open-access capability and technology platform
company with global operations. As an innovation-driven and
customer-focused company, WuXi AppTec provides a broad and
integrated portfolio of services to help our worldwide customers
and partners shorten the discovery and development time and lower
the cost of drug and medical device R&D through cost-effective
and efficient solutions. With its industry-leading capabilities
such as small molecule R&D and manufacturing, cell therapy and
gene therapy R&D and manufacturing, drug R&D and medical
device testing, WuXi platform is enabling over 3,000 innovative
collaborators from more than 30 countries to bring innovative
healthcare products to patients, and to fulfill WuXi's dream that
"every drug can be made, every disease can be treated."
View original
content:http://www.prnewswire.com/news-releases/china-electronics-data-and-wuxi-apptec-form-cw-data-a-joint-venture-to-offer-one-stop-healthcare-big-data-solutions-300735727.html
SOURCE WuXi AppTec