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World’s Second-largest

biotech fundraising hub ¹

HKD2.28B

HK's largest biotech IPO in 2025 - public listing (Insilico) ²

HK's 1st

commerical drug safety testing center ³
 
1 https://www.hkex.com.hk/Join-Our-Market/Biotech?sc_lang=en
2 https://insilico.com/news/p010170up1-insilico-medicine-lists-on-hong-kong-sto
3 https://www.hkstp.org/en/rental/space/laboratory/glp-drug-safety-testing-center

Discovery, Proof-of-Concept & Early R&D (Seed Stage)

Validating core scientific hypotheses and early digital health models. Supported by foundational programs, startups gain access to shared wet labs, data collaboration platforms, and early-stage capital connections to build strong proof-of-concept models.

INCU-BIO PROGRAM BIOTECH SUPPORT CENTRE (BSC) CHEMICAL CO-WORKING CENTRE (CCC)

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Pre-Clinical & Algorithm Validation (Series A)

Translating lab discoveries and digital solutions toward clinical applications. Innovators benefit from bio-analytics infrastructure, the HKSTP HA Data Collaboration Lab for health tech, and Series A venture support to prepare candidates and software for trials.

DRUG SAFETY TESTING CENTER Medtech Co-Create Clinical Translational Catalyst Programme HKSTP HA DATA COLLABORATION LAB

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Clinical Trials & Regulatory Clearance (Series B)

Advancing therapeutics, medtech, and digital health platforms through active clinical trials and real-world validation. HKSTP connects companies with regional clinical trial networks, medical institutions, and expansion capital to navigate strict regulatory approvals.

CLINICAL TRANSLATIONAL CATALYST (CTC) PROGRAM HKSTP CORPORATE VENTURE FUND (CVF)

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Innofacturing & Hardware Scale-Up (Growth Stage)

Bridging R&D and pilot-scale production. Utilizing state-of-the-art Innofacturing facilities, startups can manufacture high-value biomedical products, wearables, and medical devices in Hong Kong under international GMP standards.

ADVANCED MANUFACTURING CENTRE (AMC) ATP GMP FACILITIES

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Commercialization & Market Delivery (Pre-IPO / Bedside)

Bringing approved therapies, medtech devices, and digital health tech directly to healthcare providers and patients. We facilitate local and global market entry through strategic corporate, hospital, and clinical partnerships and overseas exhibition delegations.

US BIO MEDICAL FAIR GIES

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Public Listing & Global Scale (IPO & Beyond)

Capitalizing on Hong Kong's position as a premier global fundraising hub for both biotech and health tech. HKSTP provides pre-IPO advisory and ecosystem support to help mature companies achieve global market leadership.

HK'S LARGEST BIOTECH IPO IN 2025 - PUBLIC LISTING (INSILICO)

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Success Stories

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HKSTP Congratulates Park Company Insilico Medicine on Successful Listing on HKEX Harnessing AI to Accelerate Drug Discovery and Empower Human Health

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Arthrosi Therapeutics Surpasses 50% Patient Enrollment in Pivotal Phase 3 REDUCE 2 Trial of AR882 in Patients with Tophaceous Gout

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HKSTP Brings Together Life and Health Tech Leaders at CTC Marketplace

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HKSTP Congratulates Prenetics and Renowned Scientist Professor Dennis Lo on its US$200m Joint Venture for Multi-Cancer Early Detection as a Defining Moment for Hong Kong’s Role as Biomedical Technology Hub

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HKSTP Congratulates Park Company Metis TechBio on Successful Listing on HKEX​

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HKSTP Celebrates BrainAurora's Successful HKEX Listing, Strengthening Hong Kong’s Innovation Ecosystem​

GIES

Gerontech and Innovation Expo cum Summit (GIES)​

HKSTP Co-organises Gerontech and Innovation Expo cum Summit (GIES) 2025 with Largest Themed Pavilion Showcasing Market-Ready Innovations​

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USBIO

BIO International Convention 2026 (BIO 2026)​

HKSTP Leads Largest-Ever Hong Kong Delegation to BIO 2026 Showcasing Life and Health Tech Strength​

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Medical Fair and Asia Summit on Global Health 2026

Medical Fair and Asia Summit on Global Health 2026​

HKSTP Joins Medical Fair and Asia Summit on Global Health with 38 Park Companies​

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Leapeast

LEAP East 2026​

HKSTP Makes Strong Debut at LEAP East Hong Kong Premiere​

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All Programmes

Clinical Translational Catalyst​
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Medtech Co-Create​
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Incu-Bio Programme​
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Clinical & Regulatory Services

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LABORATORY

Frequently Asked Questions

1. Which HKSTP support is relevant before a healthtech team starts a clinical study?

HKSTP provides specialized infrastructure for healthtech teams based on their specific validation requirements prior to clinical studies. Early-stage teams conducting foundational R&D should utilize the Biotech Support Centre (BSC) and the Incu-Bio Programme. Innovators in medical technology can engage the Medtech Co-Create platform (MTCC)  to collaborate with healthcare partners and access funding to bring their solutions to the market. For biomedical enterprises advancing toward pre-clinical or early clinical translation, the Clinical Translational Catalyst (CTC)  provides comprehensive regulatory and funding support. Because eligibility requirements vary strictly by program, research teams must consult HKSTP program managers and qualified clinical advisers before initiating study protocols.

2. How can a medtech startup find partners to develop and commercialise its solution?

Medtech startups can source ecosystem partners and accelerate commercialisation through the Medtech Co-Create programme. This HKSTP initiative connects innovators with medical institutions to facilitate technology integration and end-user clinical testing. Eligible HKSTP tenant companies can access the MTCC Funding Scheme, which provides a designated HK$2 million grant to support the translation of medtech R&D projects. Enterprises should contact the programme team at medtechcocreate@hkstp.org to evaluate project feasibility and funding eligibility.

3. Where can a biotech startup explore laboratory space and early-stage support at HKSTP?

Biotech startups can access HKSTP's lab space and R&D facilities through two main pathways, depending on their capital readiness: Incu-Bio Programme (For Early-Stage) : Provides financial subsidies, business mentorship, and subsidized workspace for startups needing comprehensive incubation support. Direct Tenancy (For Well-Funded Startups): Companies with sufficient capital can bypass incubation and lease space directly. This allows immediate, pay-as-you-go access to world-class core equipment and in-house scientists at the Biomedical Technology Support Centre (BSC). To explore direct landing options, verify BSC facility availability, or determine the best fit for your R&D needs, contact enquiry.marketing@hkstp.org.

4. What can an overseas life and health tech company explore when considering Hong Kong as a base?

Overseas life and health technology companies establishing a strategic base in Hong Kong can leverage HKSTP’s comprehensive, stage-specific infrastructure. Depending on product maturity, international enterprises can integrate into the ecosystem from discovery to global commercial delivery through three main pathways: Early-Stage R&D: Startups can utilize the Incu-Bio Programme for comprehensive incubation support alongside shared wet laboratories at the Biomedical Technology Support Centre (BSC). Mid-Stage Translation: Teams focused on regulatory clearance, clinical trials, and healthcare partnerships can tap into the Clinical Translational Catalyst (CTC) and the Medtech Co-Create network. Growth-Stage Production: Later-stage companies can scale up using the Advanced Manufacturing Centre (AMC), designed for pilot-scale manufacturing that meets international GMP standards. To determine the best entry route for your product, review the specific programme criteria. For broader location context regarding your expansion, explore HKSTP’s Why Hong Kong and Why China resources prior to submitting your enquiry.

5. How do Medtech Co-Create and the Clinical Translational Catalyst differ?

The Medtech Co-Create programme and the Clinical Translational Catalyst (CTC) serve distinctly different stages of healthcare innovation. Medtech Co-Create emphasizes ecosystem collaboration and technology integration, offering a HK$2 million grant for translation projects. Conversely, the CTC Programme provides comprehensive regulatory affairs and clinical trial funding—subsidizing up to 50% of trial expenditures—specifically targeting companies in pre-clinical or early clinical phases. Both pathways require active HKSTP tenancy, and participation does not guarantee clinical study initiation or final regulatory approval.

6. What specific financial subsidies are available for biotech startups joining the Incu-Bio Programme?

The HKSTP Incu-Bio Programme provides comprehensive financial aid to eligible biotech startups, offering funding support of up to HK$6 million. Admitted startups also receive preferential access to co-working medical technology laboratories.

7. How does the Advanced Manufacturing Centre (AMC) support medical device scale-up and production?

The Advanced Manufacturing Centre (AMC), located at the Tseung Kwan O InnoPark, provides a 2.71-hectare, purpose-built production base for high-value biomedical products, wearables, and medical devices. The facility enables healthtech companies to transition from R&D to pilot-scale production under strict international GMP standards. The AMC features state-of-the-art manufacturing processes, stringent testing utilities, and globally integrated smart logistics to facilitate highly customized, low-volume tech innovations.

8. What venture capital and Series A/B investment support does HKSTP offer to healthtech companies?

HKSTP operates the Corporate Venture Fund (CVF), a HKD 1 billion investment fund designed to co-invest with private sector investors in early-to-growth stage technology startups. Since its inception, the CVF has achieved a private capital leverage ratio of approximately 1:13X, supporting over 117 portfolio companies. Startups receive direct venture financing and gain access to an investment community of over 1,000 active investors to facilitate Series A, Series B, and major expansion capital rounds.

9. Where can pharmaceutical startups conduct pre-clinical regulatory and safety testing in Hong Kong?

Biomedical companies can utilize the GLP Drug Safety Testing Center (DSC) located at the Hong Kong Science Park. Recognized as the first non-academic facility of its kind in Hong Kong, the center accelerates the translation of promising therapeutics toward clinical applications. It provides critical bio-analytics infrastructure and pre-clinical testing capabilities, enabling startups to prepare drug candidates and software models to meet the strict regulatory standards required for human clinical trials.

10. How does HKSTP assist mature life and health tech companies with public listing and commercialisation?

HKSTP provides extensive pre-IPO advisory services, strategic hospital partnerships, and international ecosystem support for mature companies targeting global market leadership. Capitalizing on Hong Kong's status as a premier global biotech fundraising hub, HKSTP facilitates major public listings on the HKEX. A prominent benchmark includes HKSTP's support of Insilico Medicine, an AI-driven drug discovery enterprise, which successfully executed Hong Kong's largest biotech IPO in 2025, raising HKD 2.28 billion.