EqualOcean and Skepsos Sign Strategic Cooperation Memorandum of Understanding

This cooperation follows the principles of equality, voluntariness, and mutual development. Both parties will fully leverage their respective strengths to vigorously promote Chinese enterprises' overseas expansion and establishment in Paris. It will also deeply facilitate comprehensive cooperation between Chinese and French companies in the health and bio-pharmaceutical sectors.

Opportunities and Challenges for Chinese Biopharmaceutical Companies in France

In recent years, with the sustained economic growth of China and the deepening of its globalization strategy, more and more Chinese bio-pharmaceutical companies have turned their attention to overseas markets, actively seeking broader development opportunities. France, as an important economy in Europe, is currently strongly supporting the development of the pharmaceutical industry. Its healthcare system is well-developed, with a huge market potential and a strong demand for innovative pharmaceutical products. Health care is seen as one of the future trends in France. The country has a strong interest in traditional Chinese medicine and is highly focused on the application of technology in healthcare, working to establish relevant databases and other infrastructure.

However, France and the entire European Union have strict regulations and supervision requirements for health and bio-pharmaceutical products. In addition, the reimbursement model for digital therapies in France is very complex. Therefore, Chinese companies need to thoroughly understand and strictly comply with the local regulations and standards to ensure the legality and safety of their products, in order to meet the market access requirements of France and the European Union.

Empowering the Health Industry and Building the Future Together

EqualOcean and the Greater Paris Health Industry Park have decided to establish a strategic partnership. Both parties are committed to setting up relevant organizations and sharing information platform to help Chinese companies succeed in going global.

EqualOcean's health sector focuses on promoting innovation and development in the health and bio-pharmaceutical fields and assisting companies in their international expansion. For AI medical companies, it provides space and facilities to support the establishment of European R&D centers, promoting cooperation among industry, academia, and research institutions and driving the application and transformation of technology. For traditional Chinese medicine companies, EqualOcean helps them spread cultural and technical know-how in Europe and carry out local registration and certification. In the medical equipment field, EqualOcean assists companies in building production bases and after-sales service centers to enhance brand influence.

The Greater Paris Health Industry Park is in central Paris, surrounded by universities, hospitals, and research institutes. It has rich research resources and many authoritative institutions. It has core abilities in basic, clinical, and computational research, strongly supporting corporate technological innovation and product optimization. Additionally, the park's strong research power, with a wealth of health data and top-notch facilities, provides a solid research foundation for businesses.

Highlights of the Cooperation: One-Stop Service for Companies' Entry into Paris

This meeting focuses on cooperation between China and France in the medical and biopharmaceutical fields. Topics include the application of high technology in healthcare, the development of traditional Chinese medicine, and the entry of Chinese medical technology companies into the French market. Both parties have reached a series of cooperation intentions and plans on market research, resource matching, brand promotion, training, and capacity building. The details are as follows:

Market Insights and Policy Navigation

EqualOcean will conduct in-depth industry research and provide detailed market analysis and trend insights for Chinese health and biopharmaceutical companies entering Paris and France. The Greater Paris Health Industry Park will provide real-time interpretation of local policies, regulations, market access requirements, and investment hotspots. Together, they will write and publish the "White Paper on Chinese Companies' Entry into Paris" to empower corporate decision-making with authoritative information.

Resource Matching and Project Incubation

EqualOcean will activate its global network to connect Chinese companies with investment opportunities and potential partners in Paris. The Greater Paris Health Industry Park will leverage its local advantages to assist Chinese companies with registration, approval, site selection, and other matters related to establishing a presence in France. Both parties will jointly host a China-France business matching event to catalyze project cooperation and accelerate the process of companies setting up operations in France.

Brand Building and Amplification

EqualOcean will use its Chinese and English media platforms to support Chinese companies' brand promotion in Paris. The Greater Paris Health Industry Park will rely on its bilingual platforms and government-business resources to enhance the brand influence of Chinese companies in France. Both parties will co-organize a China-France Brand Summit to showcase the innovation capabilities and cultural appeal of Chinese companies.

Talent Development and Capacity Enhancement

EqualOcean will focus on overseas strategies, cross-cultural management, and risk control to develop a professional training system. The Greater Paris Health Industry Park will concentrate on local operations, policy compliance, and business culture training. Together, they will launch a "Chinese Companies' Entry into Paris" premium course to help companies build a core international competitiveness.

Policy Communication and Government-Business Linkage

EqualOcean will build a bridge for communication between companies and the Chinese government to seek policy support and resource allocation. The Greater Paris Health Industry Park will help companies establish smooth communication channels with French government departments to accelerate project approval and optimize the policy environment. Both parties will fully support Chinese local governments in setting up investment promotion offices in Paris and organizing inspection teams to deeply promote multi-party cooperation between Chinese and French governments and businesses.

Cross-Border Project Investment and Financing Matching

Leveraging EqualOcean's global investment network and the local resources of the Greater Paris Health Industry Park, both parties will provide one-stop cross-border investment and financing services for companies. This includes project roadshows, investment matchmaking events, and fund-raising activities to help Chinese companies attract investment from France and Europe.

Looking Ahead

The signing of this strategic cooperation agreement marks a solid step forward for EqualOcean and the Greater Paris Health Industry Park in promoting Chinese companies' entry into Paris. Both parties will fully leverage their respective strengths and integrate resources to jointly support Chinese health and biopharmaceutical companies, helping them succeed in the French market and achieve long-term sustainable development.

Going forward, EqualOcean and the Greater Paris Health Industry Park will continue to adhere to the principles of "equality, voluntariness, and mutual development." The two parties will explore more cooperation opportunities, continuously innovate cooperation models, and provide higher-quality services for Chinese firms, French companies and governments. They will jointly open a new chapter of China-France cooperation and write more successful stories of win-win cooperation.