Mr . Lu, the founder of Biosensors In ternational Group Ltd, was its chairman and CEO from its inception to 2008. He retained his leadership position as chairman of the Group since January 2008 until his recent retirement on 1 November 2016.
Mr. Lu has more than 30 years’ experience in the medical industry. Prior to starting Biosensors in 1990, Mr. Lu established Asia - based operations for the Medical Division of Gould Inc in Tokyo in 1978. In 1986, he participated in a management - led leveraged buyout of the division from Gould and he continued as president of the Asia - Pacific division through 1988 . In the same year, Mr. Lu took the company to IPO in Nasdaq and it was subsequently sold to British Oxygen Corporation . He then served as president of Asia - Pacific with British Oxygen until 1990.
In addition to Biosensors, Mr. Lu is active in both international and local medical arena as an entrepreneurial angel investor. Within the private equity arena, Mr. Lu is a General Partner at Majuven Pte Ltd; Foundry Singapore and a venture partner for medical sector at Vertex Venture Management Pte Ltd.
With SPRING, Mr. Lu collaborates with Accuron Technologies Ltd (a wholly - owned subsidiary of Temasek) through the Sector Specific Accelerator program. He works closely with A*Star where he serves on the main committee of President’s Science and Technology Awards (PSTA) and he is a member of Health and Biomedical Sciences International Advisory Council (HBMS IAC). Mr. Lu has been serving on the Board of National Research Foundation (NRF) since February 2014 and most recently been appointed as the Chairman of NRF Audit Committee on 1 April 2017.
In academics, Mr . Lu has been a speaker at both Stanford University in USA as well as Singapore - Stanford Biodesign (SSB) where he conducts numerous speeches at both Palo Alto and Singapore campus.
Mr. Lu holds a Bachelor of Science degree in Engineering from the University of California at Berkeley and a Masters degree in Business Administration from the Thunderbird Graduate School of International Management in Arizona.