Pankaj94. Pacific Biosciences
Headquarters: Menlo Park, California
Bought By: Tencent
Headquarters: Shenzhen, Guangdong, China
Based in Menlo Park, California, Pacific Biosciences (PacBio) is a biotechnology company that designs, manufactures, and markets sequencing systems to help scientists resolve genetically complex problems. While PacBio has not been directly bought by a Chinese investor or company, it did receive a major investment in 2018 from a global consortium that included China’s Legend Capital.
This investment reflects China’s strategic drive to enhance its capabilities in the burgeoning field of biotechnology. Investments in companies like PacBio allow Chinese investors to gain access to advanced genomic technologies, which are expected to play a key role in the future of medical diagnosis and treatment, both in China and globally.