Data & Intelligence

Impact Case Study: Biosensors International Group

Hony Capital invested US$200 million for a 24.8% stake in the company.

  • Company Headquarters: Singapore
  • Business focus: Medical devices


  • As a financial backer and strategic local partner, Hony Capital helped Biosensors align interests amongst all shareholders in its Chinese joint venture, JW Medical, and expand its business in China
  • Between FY 2010 and FY 2012, Biosensors grew revenues from SGD147 million to SGD369 million, a CAGR of 59%, while increasing its gross margins by 7.7 percentage points
  • Biosensors has grown its business in China from 9% of its total revenue in FY 2011 to 21% of its total revenue in FY 2012
  • Biosensors’s pioneering drug-eluting technology has helped the company to penetrate markets in 70 countries
EMPEA represents the leading global investors in EM. I look forward to working alongside to drive much-needed capital for financing entrepreneurs and businesses worldwide.

Renuka Ramnath | Founder, Managing Director & Chief Executive Officer, Multiples Alternate Asset Management Private Limited

EMPEA plays an important and energetic role across the markets it represents, driving outreach and research initiatives, and promoting the role of private capital.

Brian Lim | Partner and Head of Asia and Emerging Markets, Pantheon Ventures

The developed markets have no equivalent to the role EMPEA is playing as a convener and source of trusted information in the emerging markets.

David Rubenstein | Co-Founder and Co-Executive Chairman, The Carlyle Group

I’m honored to join fellow industry pioneers in the leadership of an unparalleled network, filled with first movers, shaping the future of industries and communities.

Dr. Andrew Kuper | Founder and CEO, LeapFrog Investments

EMPEA's market and industry intelligence opens doors to new sources of capital.  I look forward to the future success of EMPEA and its members.

Torbjorn Caesar | Senior Partner, Actis

While there are certainly challenges for the industry, the opportunities abound in our target markets and globally, making a global association like EMPEA more relevant than ever.

Drew Guff | Managing Director & Founding Partner, Siguler Guff & Company