# The HKIC Presents Stellar Annual Report and Joins Hands with Beyond Ventures to Support World-Class Ophthalmic Healthcare Flagship Projects

- Link: https://www.thailand-business-news.com/pr-news/the-hkic-presents-stellar-annual-report-and-joins-hands-with-beyond-ventures-to-support-world-class-ophthalmic-healthcare-flagship-projects
- Published: 2026-07-17T08:14:00+07:00
- Author: PR Newswire

_"Patient Capital" Nurtures Life Science Innovations: MingMed and Super Vision Featured
as Selected Investment Stories in the HKIC’s Annual Report_

HONG KONG, July 17, 2026 /PRNewswire/ — **Beyond Ventures**, a Hong Kong-based venture
capital firm, warmly congratulates the Hong Kong Investment Corporation Limited (
HKIC) on the release of its highly encouraging 2025 Annual Report. The report reveals
that in 2025, the HKIC recorded a total of investment income of over HK$6.4 billion
while its cumulative projects expanded to more than 200 as of the end of June 2026.
In the annual report, two outstanding life science enterprises co-invested by Beyond
Ventures and the HKIC – MingMed and Super Vision were honored as featured investment
stories. This is not only a high recognition of both companies, but also a powerful
demonstration of the HKIC’s investment philosophy and Hong Kong’s unique role as
a "Super Connector" and "Super Value-Adder."

**Significant Commercial Value Embedded with Deep Social ImpactMr. Lap Man, Co-Founder
and Managing Partner of Beyond Ventures, remarked: "The i-NYS implantable eye muscle-
nerve stimulation device, independently developed by Super Vision, is the world’s
first Class III active implantable medical device targeting congenital nystagmus.
This ‘world-first’ breakthrough brings real hope to over 7 million patients worldwide
who suffer from this rare disease. What’s more, ‘Brain-Computer Interface’ (BCI)
has been officially written into the National 15th Five-Year Plan as one of the 
National future strategic industries. Super Vision has already initiated projects
for its visual brain-computer interface (NeuraVision), moving toward the ultimate
goal of restoring functional sight to visually impaired patients and further filling
a gap in global medical technology."

Mr. Lap Man added: "Meanwhile, MingMed has also achieved milestone progress in the
field of oral drug therapies. In May this year, at the annual meeting of the prestigious
Association for Research in Vision and Ophthalmology (ARVO), MingMed was among the
few invited to present in a dedicated session its Phase II clinical trial data for
its first-in-class oral drug QA102 for the treatment of intermediate to advanced
dry Age-related Macular Degeneration (Dry AMD), the world’s third leading cause 
of blindness. Coupled with an overall favorable safety and tolerability profile,
this has drawn high attention from both academia and renowned pharmaceutical companies,
laying a solid foundation for subsequent Phase III clinical design and dosage optimization,
as well as potential out-licensing/collaboration opportunities. It is expected to
bring new hope to tens of millions of patients worldwide at risk of blindness in
the future."

These two major projects not only possess substantial commercial potential but also
effectively address unmet global clinical needs, creating irreplaceable social and
livelihood benefits.

**Professional Operation of Patient Capital: Delivering Value Beyond CapitalBiotechnology
is a long-cycle industry requiring high R&D investment – a marathon that tests endurance
and expertise, requiring the backing of long-term patient capital. The continuous
delivery of technological and clinical breakthroughs by these two enterprises’ post-
investment validates the strategic resolve and profound industry insights of the
investment teams at Beyond Ventures and the HKIC as "patient capital."

With the assistance of Beyond Ventures and the HKIC, Super Vision is actively preparing
for product registration and distribution in Hong Kong, using Hong Kong as a springboard
to advance US clinical trials. It obtained Humanitarian Use Device (HUD) designation
from the US Food and Drug Administration (FDA) last year while MingMed has also 
kick-started collaborations with biotech projects at multiple universities in Hong
Kong. This demonstrates that Beyond Ventures and the HKIC have gone beyond simple
capital injection; they are simultaneously focusing on promoting the deep integration
of Hong Kong’s innovation and technology (I&T) ecosystem with high-quality mainland
enterprises, helping them take root in Hong Kong, and leveraging Hong Kong’s international
advantages to enter the global market, thereby opening a two-way channel between
premier mainland tech enterprises and Hong Kong’s I&T ecosystem.

**The Power of Professional Patient Capital Will Continue to Release Value, Benefiting
the World with Innovation AchievementsSuper Vision and MingMed are just two of the
investment stories among the numerous co-investment projects of Beyond Ventures 
and the HKIC. Over time, we believe that this capital power, combining patience 
and professionalism, will continue to manifest, nurturing more great enterprises
that not only achieve immense commercial success but also tangibly improve human
well-being and generate profound social value globally.

We once again congratulate the HKIC on the highly impressive and fruitful achievements
showcased in its 2025 Annual Report! Beyond Ventures looks forward to continuing
to walk shoulder-to-shoulder with the HKIC in the future to jointly support and 
consolidate Hong Kong’s position as a global hub for innovation.

**About Beyond VenturesBeyond Ventures, the Hong Kong-based venture capital firm,
was co-founded by Lap Man and Marvin Hung in 2017 with the goal to revitalize and
transform Hong Kong’s innovation ecosystem by being the city’s most impactful venture
capital firm. The firm unites venture capital experts and local conglomerates with
visionary entrepreneurs, providing start-ups with the capital and guidance they 
need to thrive.

The name "Beyond Ventures" originates from the popular rock-and-roll band Beyond,
which emerged in early 1990s Hong Kong. Since raising its first fund in 2017, Beyond
Ventures has successfully invested in and helped develop portfolio companies which
include SenseTime, Smartsens, YOHO, HKTaxi (acquired by Uber in 2021), G-NiiB, a
biotech spinout from the CUHK, Hongene, a global leading supplier of core raw materials
for nucleic acid drugs and MingMed, an innovative biotech company specializing in
the development of first-in-class drugs, among others. To date, the portfolio has
produced four IPOs, three trade sales, and three filings under Chapter 18A or 18C
on the Hong Kong Stock Exchange.

Beyond Ventures draws on support from well-known Hong Kong conglomerates including
Hop Hing Group, Far East Consortium, Chinney Alliance Group and Chinachem Group,
leading private equity firms Hony Capital and GAW Capital, Hong Kong VC firm, eGarden
as well as the endowment fund of The University of Hong Kong.

Please visit [www.beyondventures.hk](http://www.beyondventures.hk/) for more information.

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