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GoBroad Healthcare, a Hillhouse Company, Starts Construction of Beijing Research Hospital

publication date: Mar 30, 2020

GoBroad Healthcare Group has broken ground for a Beijing 500-bed research hospital in Life Science Park, a section of Future Science Park in Beijing's Changping district. The project is funded by Hillhouse Capital, a Beijing VC/PE company, and its medical research arm, GoBroad Healthcare Group, along with the government of Changping district. Upon completion, the 100,000-square meter facility will implement translational medicine research, with the goal of reducing the time to market for new drugs. GoBroad described its purpose as forming a closed-loop system that will tie in with Hillhouse's pharma investments. More details....

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