Few other companies straddle the old and new worlds of Chinese medicine the way Chi-Med does.
"It's a massive objective we've set ourselves, " says Christian Hogg, Chi-Med's CEO, in Shanghai.
Last year senior Chi-An Wang spent a semester helping it design a new triathlon shoe.
When it launches, Chi-X Japan will offer maker-taker pricing, low latency and extended market hours, Meyer says.
Chi-Med hopes to restart this plant-mining effort, though it began on a quite different track back in 1995.
And competition continues to evolve, with examples like the Chi-X launch in Australia.
FORBES: Equity Markets Will See Less Of The Same -- Instinet
Chi-X Global, a subsidiary of Instinet, recently received a proprietary trading system license from the Japan Financial Services Agency.
Chi-Med Chief Executive Hogg believes that herbal Chinese medicine is an underexploited reservoir of many more such drug candidates.
Instinet has a sizable global scope already with subsidiaries such as Chi-X Canada.
Singapore Exchange CEO Magnus Bocker discussed Chi-East and the Asian regulatory landscape for dark pools with Steve Forbes.
Chi-An Wang went on to a job at Guidant as a research engineer.
That same month pharmaceutical maker Merck KGaA of Germany agreed to co-develop with Chi-Med anticancer drugs derived from natural products.
Chi-Med listed 28% of its outstanding shares on London's AIM exchange last May, but Hutchison Whampoa owns the other 72%.
It also runs the largest pan-European stock market by value of stocks traded following its acquisition last year of Chi-X Europe.
In 2000 the Chinese government finally opened the traditional medicine sector to foreign investment, and Chi-Med was one of the first in.
Chi-Med created its own formulation and applied for U.S. patents in 2005.
This venue was launched by Chi-X and the Singapore Exchange last August.
And there were three Kleiner partners there, all in different meetings, all on different initiatives ( Doerr, partner Chi-Hua Chien and recruiting partner Jordan Ormont).
FORBES: Kleiner Perkins' Next Generation: Mike Abbott And Megan Quinn
The two companies, old-style Shanghai Hutchison and high-tech Hutchison MediPharma, have little in common, yet they share the same parent, Hutchison China MediTech, or Chi-Med.
Some global giants are wagering that Chi-Med is onto something, too.
With the increasing demand for alternative trading platforms, SGX has recently tied up with Chi-X Global to set up Chi-East to cater to dark pool trading.
The deal also turned attention to Europe, where two major electronic operators, BATS Global Markets and Chi-X Europe, are in discussions on their own possible combination.
Thunell and Margaret Ewing would join the board as non-executive directors next month and Om Prakash Bhatt and Louis Chi-Yan Cheung would join as non-executives in January.
Former central banker Joseph Yam Chi-kwong sent out waves of shock yesterday when he said it was time to reconsider the peg between Hong Kong and U.S. dollars.
FORBES: Hong Kong's Ex-Central Banker Drives Doubt Into Dollar Peg
Postage-stamp-sized All'Arco serves excellent cicheti (Venetian snacks, pronounced chi-KET-tee).
But Li, 78, is so keen on the growth opportunity for pharmaceuticals in China that he devotes some of his valuable time to signing off on Chi-Med's joint ventures.
In 1985, along with business partner Roy Chung Chi-ping, he founded Techtronic Industries in Hong Kong, which had six employees and focused on producing rechargeable battery packs in hand tools.
The second Chi-Med drug in trials, a radiosensitizer for head and neck cancer, helps make tumor cells more receptive to radiation by increasing the amount of oxygen in the cells.
That same month pharmaceutical maker Merck (nyse: MRK - news - people ) KGaA of Germany agreed to co-develop with Chi-Med anticancer drugs derived from natural products.
应用推荐