Industry Scientific meetings Headquarters China | Owner Xiaodan Mei Founded 2003 | |
Website www.bitlifesciences.com | ||
BIT Life Sciences (or BIT Congress Inc., BIT Group Global Ltd) is a predatory, for profit meetings, incentives, conferencing, exhibitions (MICE) company based in Dalian, China that specializes in arranging multiple scientific congresses that have been accused of being fraudulent and have been described as "predatory". The company is part of a wave of organizations that have appeared in China in past several years noted for arranging congresses with little academic merit and with the primary aim of generating revenue rather than scientific knowledge sharing.
Business model
The business model of this company usually involves sending promotional email to invite attendees and speakers, at the same time, registration fee will be provided based on different levels of speakers in relevant fields. Unlike most congresses in which invited speakers' expenses are borne by the organizers, BIT life charges speakers fees for attendance as well as often inviting speakers that may not necessarily be key opinion leaders in the actual field. In addition, unlike traditional model of scientific congresses in which abstracts are usually submitted and peer reviewed before being accepted for presentation, speakers are guaranteed a speaking role as long as the attendance fees are paid.