HONG KONG — The founder of a medical startup has made a $25 million bet that the world’s top medical school will one day become the world center for medical research.
The idea for the venture, dubbed HedoLab, was born in 2014 after seeing a video of a young man’s hands being transplanted into someone else’s.
Hedo, as he is known in China, was named the first ever medical entrepreneur by the prestigious Peking University, which awards the best startups in the world.
HedoLab founder Chen Yiqiang has made his bet on the medical school because it’s the first medical school to be accredited by the United Nations Organization for Scientific Research.
He thinks the future of medical research will be determined by the degree of scientific literacy and understanding among medical students.
Chen Yiqiu, left, and his son Zhang Jiantang, right, are seen in this April 16, 2018, photo.
“We thought the medical profession is in a great position to lead the world in medicine,” Chen said.
“Our students, doctors and medical experts are the most talented and knowledgeable in the medical field, and the future is in their hands.”
In the last year, Hedo lab has launched two ventures and is working to raise more funds.
The company has raised $1.4 million from investors including Google Ventures, Sequoia Capital and Accel Partners.
Homo Linguisticus, a San Francisco-based company that is developing a system that will help identify people who are at high risk of developing dementia, has invested $2.1 million.
Other investors include New Enterprise Associates, KKR, Union Square Ventures, Andreessen Horowitz and Sequoias Venture Capital.
HedyLab will be the second medical startup to earn a U.S. degree.
It is the second such venture in Silicon Valley to earn an accreditation from the U.N.I.S., which means the medical schools in China and the U,S., will be considered for funding.
In the United States, the first accredited medical school, the Johns Hopkins University, was founded in 1863 and has about 200 students.
It was awarded the U in 2020 and is considered one of the top five medical schools by the U of A’s medical school rankings.
Other schools in the United Kingdom have received U.K. accreditation and have received funding from the Chinese government.
The U.F.C. has a similar program in place in London.
China, which has the worlds biggest population, is the world leader in medical research and the world is now home to about 3,000 medical schools.
But the medical market is rapidly expanding and Hedo Lab is hoping to provide its graduates with the knowledge they need to lead in their fields.
Hedi Lab is the brainchild of Hedi Xu, a professor of medical sciences at the Beijing Medical University and founder of the medical education company, Human Linguistics and the Brain, in China.
Hedi said he wanted to create a medical school with an international reputation and to create an entrepreneurial environment that is geared toward helping young people.
“In the world of medicine, the number one priority is to improve the human health,” he said.
“It’s a huge job in the next five years, and in the first few years, we have already achieved 100 percent of our objective,” Hedi told CNBC’s “Squawk Box.”
He said the company has seen its first revenue increase in six months.
In his 20 years as a medical researcher, Chen said he was lucky enough to get a first-class education at the University of Washington in Seattle.
Chen said that’s where he first started to understand the impact of science.
He studied molecular biology and molecular genetics, and that led him to the United Arab Emirates and the United Kingdoms.
He moved to the U and eventually became a professor at the Imperial College London, where he studied medicine.
“I felt like I was really doing something,” Chen told CNBC.
“I had a great education.
The next step was to go back to the UAE and start a medical research institute.
I saw the success and then the other side.
I felt that I was getting more out of my education and my career.”
Hedi said that after moving to London, he started to take a more pragmatic approach to his career.
“When I left, I was very ambitious, and I felt like my career was not as good as it could be,” he told CNBC, adding that he had been working in a medical lab for two years.
Hedaylab hopes to continue the success of the Hedo labs’ first two ventures, the medical robotics and the medical computing labs, by developing the technology to connect medical devices with patients and deliver personalized care.
Hentai, a company that develops medical devices, said it expects to spend $10 million to $20 million on HediLab in 2020.