Dr. Fred Craves, Investment Partner, Managing Director and Founder of Bay City Capital, USA, visited the Chinese National Compound Library (CNCL) in the morning of November 8, 2011. Professor Ming-Wei Wang briefly introduced the development, culture and prospect of the library. Dr. Craves had over 20 years experience in investing and managing biotechnology and pharmaceutical companies. He was very impressed with the scale and infrastructure of this state-of-the-art research facility, and wishes to explore collaboration possibilities with CNCL in drug discovery.