Suzhou Foremed Legend Medical Technology Co., Ltd. was established

2021.09.15

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Foremed Legend is a very young company, but his story is interesting.


The founders of Foremed Legend first got acquainted with the aesthetic industry at the turn of the spring and summer of 2019, and it has been more than three years since then. Looking back now, the medical aesthetic industry at that time was slowly entering a completely different era of "strong supervision" from the previous chaos and disorder.

fact, there are no professional "medical aesthetic people" in the founding team of Foremed Legend, and their professional background is either medical imaging, optical imaging, or scientific research in the field of biomaterials.

After having a preliminary understanding of the industry, we were surprised to find that we were able to make a meaningful difference in the medical aesthetic industry with completely unrelated expertise.

In the huge medical aesthetic industry, we found that high-end medical aesthetic optoelectronic equipment is the field with the lowest localization rate and the most significant import monopoly, and on the whole, it is very similar to the consumer electronics industry ten years ago, and the quality and reputation of domestic equipment are very unsatisfactory.

coincidentally, our core competencies can cover the product development of this track.


if you have a chance, give it a try! At the beginning of 2020, when we were excited to start doing some exploratory work in this field, we caught up with the pandemic.


The impact of the pandemic on this era is multifaceted, including the impact on our values. In the three months of the shutdown, we have also been thinking: what should we choose in the face of an era of uncertainty?

go with the flow? Or do you buck the trend and challenge yourself?


to this day, we are not able to judge where this era of uncertainty will go, just like the popular saying recently: a speck of dust of the times is a mountain when it falls on everyone's head. It's the same for a startup.


if you don't understand it, do more field research. Because we clearly know that the medical device industry needs to rely on the support of basic industries, and there must be a mature industrial chain to make high-quality products.

summer of 2020, when the epidemic situation improved slightly, we started to visit non-stop. For more than half a year, we visited hundreds of companies in all links of the laser and optical industry chain, and carefully evaluated the feasibility of making domestic high-end medical aesthetic optoelectronic products

.

we have come to the conclusion that this once-in-a-lifetime window has come, and domestic high-end medical aesthetic optoelectronic equipment will inevitably rise.

to this day, we still firmly believe that the industry pattern of high-end medical aesthetic optoelectronic equipment will be like the development process of consumer electronics and high-end household appliances, and the rise of domestic products is an unstoppable trend.




next question is where to land your company. To do industry, especially in the industry of medical devices, which is strongly regulated and heavy on research and development, there are many factors that need to be comprehensively considered.


from Changping in Beijing to Wenjiang in Chengdu, from Zhangjiang in Shanghai to Jiashan in Zhejiang, we have basically visited all the well-known medical device industrial parks in China. In the end, after many trade-offs, we decided to land in Suzhou Wuzhong Economic Development Zone. Here, I would like to express my heartfelt gratitude to the government of Wuzhong Economic Development Zone for its care and love for Foremed Legend, from being awarded the "Soochow Leader" talent project in April last year, to the registration and establishment of the company in September, and then to the gradual development, it has indeed received a lot of support and care for more than a year.

in the difficult period after the Chinese New Year in 2022, this support has indeed given Foremed Legend a lot of confidence. Kindness is remembered in the heart, and it will live up to expectations.


start-up is funding, especially start-up capital. Medical devices are an industry that focuses on R&D investment and has a long return cycle, especially if you want to make some innovative products with leading technology, this upfront investment will be greater.
when we came up with the idea of starting a business, our old friend Yuanyi Capital paid attention to it. As one of the best medical venture capital funds in China, Yuanyi's trust has undoubtedly laid a solid foundation for us to start a business. I would also like to express my heartfelt gratitude to Mr. Ray and Kirstin for their support to Foremed Legend, starting a business is a technical job, and we have really benefited a lot from the guidance of two top investors along the way.


That's the rough experience of Foremed Legend from 0 to 1. After these difficulties, we sincerely hope that Foremed Legend can become a hardcore technology company that has made breakthrough contributions in the field of skin diagnosis and treatment integration. We firmly believe that with the advancement of technology, scientific and visual quantitative diagnosis of skin is an inevitable trend, and the progress of diagnosis will promote the integrated development of diagnosis and treatment in the field of skin and bring completely disruptive industry development opportunities.

Of course, we know that breakthroughs in originality are very difficult journeys, but these difficulties are the core competencies of Foremed Legend.

In this difficult process, every small step of breakthrough and innovation seems to be mediocre in the big picture, but looking back after many years, you may have a different understanding.


Foremed Legend's old friend and founder of Arterial Network, Da Tao, once wrote a text in the circle of friends: "We thought that the vigorous historical events were actually not in the eyes of the students and recorders back then. For example, the concept of the Industrial Revolution came about a long time ago. So, the question is: what are the small things that happen quietly in the present that may make big waves in the future?

" thinks so, and searches up and down. The merits and demerits will be left for future generations to comment.

we believe that Foremed Legend will be able to forge ahead on the path of innovation with courage, determination, diligence and tenacity.
is in order.


   Foremed Legend founder Xia Yuqing
July 1, 2022
Foremed Legend Suzhou Office


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