Whole Network Gene Therapy Microbiology Nanomedicine Stem Cells

 

China: Next Biotech Boom?

Filed in archive Corporate and Industrial News by ruth on October 6, 2005

BlogPicture
It definitely won't come as a surprise if China becomes the next to reap the impact of the biotech boom. Professor Wang Hongguang, director general of the China National Center for Biotechnology Development claims that "China already boasts more than 20 biotech parks dotted around the country and 500 biotech enterprises", most of which are focused on medicine and agriculture. So far, there are only few successful homegrown biotech ventures, but China is intent in attracting Western biotech and pharma companies in setting up base in China, the main atraction being the low costs of labour, animal pre-clinical and human clinical trialslinks. Wang approximates the cost of biomedical research in china to be just 20% of that in western countries.

Now if only China can deal with the issue of the countries reputation for weak patent protection, coupled with ample state R&D funding, there won't be anything stopping the boom for Chinese biotech.

Click here to read report from Reuters.






Permalink: China: Next Biotech Boom?
Tags: china  biotech  boom  next  corporate  biotech+boom  china+next  next+biotech 

Trackback: http://www.creative-weblogging.com/cgi-bin/mt-tb.pl/9983





RSSrss   | See all blog subscribe options
Google google   |   What is RSS?
Yahoo! yahoo
Addthis Subscribe using any feed reader!
Bloglines Bloglines
Newsletter
Grouptivity

Use the search to look for other interesting posts



 
  • Advertise with us

  • Learn more about our advertising options or email advertising - at - creative-weblogging.com or give us a call at +1 (650) 331 4900.


  • Testimonials

  • 'Very nice blog layout with great content. Are you interested in Star Trek props that are quickly becoming reality? Then this is the blog for you. Human medical scanners, nano technology and more great technological advancements.' -VirtualLoop Blog of the Week

    'I subscribe to your blog and have been enjoying your posts and perspective.'


  • Other blogs in the same channel in the Creative Weblogging Network







 

Tagcloud: Biotech Hubs and Facilities Biotech/Science Blogs Corporate and Industrial News Diagnostics, Methodologies and Instrumentation Drugs, Vaccines and Therapeutics Energy, Environment and Ecology Food and Agriculture Gene Therapy Genomics, Proteomics and Bioinformatics Meetings and Other Events Microbiology Nanomedicine Other Biotechnology News Patents and Intellectual Property Rights Sponsored Post Stem Cells