SoCal Medtech Association Officially Established, Bringing Together Experts to Advance Medical Technology Innovation

by admin · Published February 4, 2025 · Updated February 4, 2025

LAPost/Newport Beach, CA (February 1, 2025) – On February 1, 2025, the inauguration ceremony and annual conference of the SoCal Medtech Association (SCMA) were grandly held at the Newport Beach City Hall in California. Professor Gaojun Teng, an academician of the Chinese Academy of Sciences and Director of the Interventional Therapy Center at Zhongda Hospital, Southeast University, extended his congratulations via video message. California State Assemblymember Diane Dixon attended the event to offer her congratulations and participated in the ribbon-cutting ceremony.

SoCal Medtech Association founding celebration ribbon-cutting ceremony (Photo By: Richard Ren/LAPost)

Founded in 2024, the SoCal Medtech Association (SCMA) is a non-profit organization dedicated to philanthropy, education, science, and healthcare. The association comprises a group of like-minded Chinese entrepreneurs, physicians, professors, and investment experts. Its mission is to foster innovative medical technologies, apply health economics theories, and promote global collaboration to address major healthcare challenges and drive advancements in life sciences.

California State Assemblymember Diane Dixon (Photo By: Richard Ren/LAPost)

California State Assemblymember Diane Dixon, in her speech, expressed her appreciation: “Thank you for your hard work and dedication, and for bringing your expertise into our community. I am a strong supporter of our medical community. Every business is important to our economy, but few can save lives at the same time! I will continue to support your work in the State Assembly and look forward to working with all of you!”

Professor Heyan Dong, SCMA President (Photo By: Richard Ren/LAPost)

Professor Heyan Dong, SCMA President and a recipient of the State Council Special Allowance of China, emphasized in her speech:
“Through this association, we hope to bring together more professionals who share our vision, collectively advancing medical technology and contributing to global healthcare.”

John Shen (Photo By: Richard Ren/LAPost)

Craig Beam (Photo By: Richard Ren/LAPost)

John Shen, founding partner of Brightstone Management and CEO of American Lending Center, shared insights on investment strategies. Meanwhile, Craig Beam, President of Beam & Associates, a real estate consulting firm specializing in the healthcare industry, provided an overview of the development of Irvine’s medical ecosystem.

Guangqiang Jiang (Photo By: Richard Ren/LAPost)

The event also featured an inspiring keynote speech by Guangqiang Jiang, co-founder and CTO of Axonics, Inc., who shared his entrepreneurial journey and success stories, encouraging attendees to embrace innovation and overcome challenges. Axonics, Inc. was acquired last year by Boston Scientific Corporation for $3.8 billion.

Roundtable Forum (Photo By: Richard Ren/LAPost)

Roundtable Forum: Advancing Medical Innovation in Southern California

The conference’s roundtable forum, themed “Advancing Medical Innovation in SoCal (For Public Good),” was moderated by Henry Yan, Managing Partner of Device of Tomorrow Capital. The panelists included:

Dr. An Liu, Director of Radiation Therapy at City of Hope Cancer Treatment Center
Dr. Wenbing Zhao, Executive Vice President of SCMA
Guohui Wang, Chairman of Shanghai HeartCare Medical Technology Co., Ltd.
Hao Kuang, Founder and Executive Director of Nanjing Forssmenn Medical Technology Co., Ltd.
Richard Fang (Yuncai Fang), Founder and Partner of Hunniwell Lake Ventures

Showcasing Cutting-Edge Medical Innovations

The event also showcased several groundbreaking medical technology projects, highlighting the vast potential of the field.

Dr. Xianghong Jasmine Zhou, Founder of EarlyDX and Professor at the David Geffen School of Medicine at UCLA, introduced an innovative liquid biopsy method.
Hyung Posalit, Founder and CEO of Toro Neurovascular, presented advanced stroke treatment solutions, emphasizing the company’s leadership in designing next-generation medical devices.
Dr. Richard Fang (Photo By: Richard Ren/LAPost)
Dr. Richard Fang, representing SynCardia, provided an in-depth overview of total artificial heart technology.
Dr. Shaochun Zhuang, Founder of Cardiostory, introduced the world’s first non-invasive intracardiac pressure monitoring technology.

A Gathering of Industry Leaders and Young Innovators

Group photo of guests attending the conference (Photo By: Richard Ren/LAPost)

The event brought together top experts, venture capital firms, and industry leaders from the medical technology sector. Additionally, it attracted Ph.D. students and young entrepreneurs from UCLA, UC Irvine (UCI), and UC San Diego (UCSD), fostering discussions on the future of medical technology and opportunities for innovation. (By: Richard Ren/LAPost)

Professor Teng Gaojun, an academician of the Chinese Academy of Sciences, congratulated the establishment of the association through a video (Photo By: Richard Ren/LAPost)