On November 25, 2021, the 'Notice on the Release of the Evaluation Results of Unicorn Enterprises and Gazelle Enterprises in Jiangsu High-tech Industrial Development Zone in 2021' (Su Shengli [2021] No. 110) was announced amidst much anticipation—a total of 57 companies in Suzhou Industrial Park were selected into the list of potential unicorn enterprises. As the first domestic technical service platform covering the entire industrial chain of functional medical coatings, Jiangsu Baisaifei Biotechnology Co., Ltd. was honored to be selected as a potential unicorn enterprise in Jiangsu Province High-tech Zone.
It is a term in the investment community and refers to companies with higher market valuations. At the same time, companies must also have characteristics such as industry success and rapid growth. They often have unique core technologies or disruptive business models; they have angel investment experience and multiple rounds of venture capital investment experience; they are leaders in a certain industry segment, and some of them eventually become the overlords of a certain emerging field. Unicorn companies in Jiangsu Province are required to be established no more than ten years ago, have received private equity investment and have not yet been listed, and have a valuation of more than US$1 billion; potential unicorn companies are required to have received investment and not yet be listed, be established within 5 years (established in 2016 and after) and have a valuation of no less than US$50 million (or RMB 300 million), or be established between 5-9 years (established in 2011-2015) and have a valuation of US$1 to 1 billion
Baisaifei is located in Suzhou Industrial Park. Based on the founder's more than 20 years of professional accumulation in the field of biomaterial surface interfaces and academic influence at home and abroad, Baisaifei has established a series of industrialized technologies for surface modification of biomaterials, developed multiple series of high-end medical coating products and coating equipment with independent intellectual property rights and international competitiveness, and created the first domestic A professional technical service platform covering the entire industrial chain of medical coatings, it provides one-stop complete solutions for medical functional coatings to medical device manufacturers. It serves customers in the Yangtze River Delta, Pearl River Delta, Beijing, Sichuan, Gansu, Fujian, Henan, Jiangxi and other regions. It is the leader in the domestic medical coating industry.
