The 18th Frost & Sullivan China Growth, Innovation and Leadership Summit 2024 and the 3rd New Investment Conference were held in Shanghai from August 28th to 30th, 2024. On the evening of August 28th, the 2024 Frost & Sullivan Global Growth, Innovation and Leadership Awards for China were grandly announced at the 2024 Annual Awards Ceremony and VIP Reception for the Growth, Innovation and Leadership Awards.
Based on recent research and analysis of the global stem cell drug R&D market, as well as studies and evaluations of related companies in the industry, Frost & Sullivan has awarded Beijing Zehui Chenxing Biotechnology Co., Ltd. (hereinafter referred to as 'Zehui Biotech') the '2024 Global Innovative Stem Cell Drug R&D Award'. The award was presented jointly by Aroop Zutshi, Global Managing Partner and Executive Director of the Board of Directors at Frost & Sullivan, and Professor Wang Yu, President of the China Hepatitis Prevention and Control Foundation and former Director of the Chinese Center for Disease Control and Prevention.
Frost & Sullivan awards Beijing Zehui Chenxing Biotechnology Co., Ltd.
‘2024 Global Innovative Stem Cell Drug R&D Award’


Aroop Zutshi, Global Managing Partner and Executive Director of the Board of Directors at Frost & Sullivan, and Professor Wang Yu, President of the China Hepatitis Prevention and Control Foundation and former Director of the Chinese Center for Disease Control and Prevention, jointly presented the award to Dr. Jia Yi, Chief Medical Officer of Zehui Biotech
Zehui Biotech is a leading Chinese enterprise focusing on stem cell drug R&D and production
Founded in 2018 and headquartered in Beijing, Zehui Biotech is a leading biopharmaceutical company in China focusing on multi-line stem cell drug R&D and production. Based on multi-line stem cellsseed cell bankadvantages in drug development, the company has developed differentiation processes and formulation R&D systems for cells with different germ layer functions through R&D, established a multi-line stem cell drug platform, and several pipelines have entered the clinical Phase II R&D stage.
Accelerate innovation and achievement transformation of stem cell technology to bring revolutionary breakthroughs in defeating diseases for humanity
In June 2019, Zehui Biotech and the Institute of Zoology, Chinese Academy of Sciences reached a strategic cooperation agreement to develop multi-line stem cell drugs with independent intellectual property rights in China to fill the current unmet human medical needs with traditional drugs and treatment methods and promote the clinical application and industrial transformation of stem cells. In 2023, Zehui Biotech received approval from the National Medical Products Administration (NMPA) to conduct Phase II clinical trials for two indications of acute graft-versus-host disease and acute exacerbation of interstitial lung disease using CAStem cell injection. Previously, the company's new drug clinical trials for CAStem cell injection in the treatment of acute respiratory distress syndrome and meniscus injury were approved by the NMPA.
The product has obvious advantages, and the R&D indications meet different clinical treatment needs
The stem cell drugs developed by Zehui Biotech come from different functional cells differentiated from human embryonic stem cells. Its main advantages are that the source of the product's seed cells is consistent and stable, the biological characteristics of different batches of cell products are completely identical, the product process meets GMP requirements, and it can meet the industrial large-scale production of drugs in the future. Based on the characteristics of its own products, Zehui Biotech's R&D indications are targeted at diseases that currently lack effective treatment methods and clinical applications in sudden emergency medical events/pandemics. Currently, the company is conducting parallel pharmacological research, preclinical trials, and registration clinical trials for different indications, covering acute respiratory distress syndrome and interstitial lung disease in the respiratory system, graft-versus-host disease in the immune system, meniscus injury in the bone and joint system, etc.
About Frost & Sullivan's Global InnovationAward
The Frost & Sullivan Global Innovation Award recognizes the outstanding performance and remarkable achievements of enterprises in terms of technological innovation, market potential, customer service, brand, etc. The Frost & Sullivan team has nominated a group of competitive and excellent enterprises to the independent judging panel through methods such as in-depth interviews, industry analysis, and secondary research. An independent judging panel composed of third-party investment and financing experts, financial experts, bankers, and well-known listed entrepreneurs conducts strict evaluations of the enterprises nominated by the Frost & Sullivan team and decides to award the '2024 Global Innovative Stem Cell Drug R&D Award' to Beijing Zehui Chenxing Biotechnology Co., Ltd.


