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CapitaBio is a leading life science Company that develops and commercializes a broad range of products, including Biochip technology products, for drug discovery research, genomics, proteomics, bio-safety testing and clinical applications. Headquartered in Beijing, China, CapitalBio has rapidly evolved from a young innovative biochip developer into a comprehensive life science entity with five affiliates or subsidiaries: AVIVA Biosciences, a San Diego, California based company that develops and markets on-chip patch-clamp technologies for ion-channel studies for drug discovery researches; Chipscreen Biosciences, a Biotech company located in Shenzhen, China, for small molecular drug discovery and development; Wangdong Medical Equipment, one of the largest medical equipment companies in China that occupies about 70% of China's conventional X-Ray imaging market; and CapitalBio International and CapitalBio Hong Kong, two fully owned subsidiaries by CapitalBio Corporation, are based at San Diego, California and Hong Kong, China respectively.