LinkDoc Technology Limited
Note: LinkDoc Technology Limited withdrew its IPO prospectus in an SEC filing dated April 11, 2022. LinkDoc filed its S-1 (prospectus) on June 14, 2021.
At LinkDoc, our mission is to make precision medicine and personalized care a reality by uncovering the story of every patient journey through the power of data and artificial intelligence.
We are a leading data-driven and AI-enabled healthcare technology company in terms of being a first mover in cultivating high-quality medical data assets with the largest set of China oncology cohorts, according to Frost & Sullivan. We have successfully built China’s largest data-driven digital infrastructure for precision medicine, according to Frost & Sullivan, which consists of LinkCare, a digital continuous care platform for patients with critical diseases; LinkData, an AI-enabled curation system for longitudinal medical data, and LinkSolutions, a data-driven precision life sciences solution platform that helps life sciences companies accelerate clinical research and real-world evidence adoption.
LinkCare Platform is a patient-centric digital continuous care platform for patients with critical diseases. The platform integrates online and offline channels to help patients, especially those who suffer from cancer, better manage their illnesses as a chronic condition in and out of hospital. Working with healthcare providers and life sciences companies, we have conducted a large-scale multi-center retrospective study with a sample of 10,000 Chinese lung cancer patients, which demonstrated that our LinkCare Platform has improved patients’ survival rates meaningfully. We conduct personalized follow-up care through our call centers and online channels, and allow patients to consult physicians online via our Internet hospital and receive personalized disease management services. Since April 2015, we have cumulatively cared for over 3.5 million patients and provided longitudinal care for over 2.5 million patients. Our platform has become the largest oncology patient-centric continuous care platform in China, according to Frost & Sullivan.
As part of our digital continuous care platform, we have also built a growing nationwide network of 34 patient care centers as of March 31, 2021, increasing from 24 in the beginning of 2019, covering 28 provinces. These patient care centers provide patients access to innovative therapeutic solutions and medication services and serve as a point of patient engagement with our digital continuous care platform. Through these touchpoints, we also collect, with patient consent, full longitudinal patient data with outcomes, which then becomes part of the input into our continuous care platform and our LinkData System.
Note: Revenue and net loss figures are in U.S. dollars for 2020, according to the prospectus.
(Note: LinkDoc Technology postponed its IPO early on Thursday, July 8, 2021, ahead of its scheduled pricing that night for a July 9 trade date, amid the Chinese government’s increasing regulatory scrutiny of Chinese companies going public in the U.S. **See The Wall Street Journal and other headlines on July 8, 2021, plus check out the “Risk Factors” in the company’s amended prospectus – F-1/A filing – dated July 7, 2021.)
|Industry:||Services - Computer Processing & Data Prep|
|Address||11/F Building A Zhonggang International Square Haidian District, Beijing, 100080 People’s Republic of China|
|Phone Number||+86 010-6268 0809|
|View Prospectus:||LinkDoc Technology Limited|
|Revenues||$143.72 mil (last 12 months)|
|Net Income||$-74.6 mil (last 12 months)|
|Price range||$17.50 - $19.50|
|Est. $ Volume||$200.4 mil|
|Manager / Joint Managers||Morgan Stanley/ BofA Securities/ CICC|
|CO-Managers||Tiger Brokers/ Snowball|
|Expected To Trade:||7/9/2021|
|Quiet Period Expiration Date:||Available only to Subscribers|
|Lock-Up Period Expiration Date:||Available only to Subscribers|
|SCOOP Rating||Available only to Subscribers|
|Rating Change||Available only to Subscribers|