biotech
Will China Be the Next Big Biotech Player?
Filed in archive Biotech Hubs and Facilities by ruth on January 9, 2008
Will China Be the Next Big Biotech Player?
China's pharmaceutical industry is booming, and there are speculations that, given its aggressive growth, China's biotech industry is on its way to becoming a world player.
For their study, Singer and his colleagues selected 22 small- and medium-sized biotech firms from literally thousands operating in the health sector for close scrutiny. They looked for companies that were innovative, both scientifically and in business.

The portrait that emerged is of a dynamic sector that has been growing 30 percent annually over the past decade, reaching a turnover of three billion dollars in the domestic market in 2005.

The researchers also note that most of China's new biotech comanies are led by so-called "sea turtles" ("hai gui") - Chinese-born scientists who have been working in the US or Europe for many years and have come home to found Chinese companies.

See the full report here.

Permalink: Will China Be the Next Big Biotech Player?
Tags: china  china+biotech  biotech  biotechnology  2007  next+biotech  china+next  biotech+player 
Trackback: http://publish.creative-weblogging.com/publish/mt-tb.pl/109945
img Addthis img Ask img Blinklist img del.icio.us img Digg img Fark img Facebook img Google img Lycos img Ma.gnolia Add this page to Mister Wong Mr Wong img Netscape img Netvousz img Newsvine img Reddit img StumbleUpon img Slashdot img Tailrank img Technorati img Wink img Yahoo

Vote for Will China Be the Next Big Biotech Player?:

  • Currently 7.00/10
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
Rating: 7.00 out of 2 vote(s) cast.
Subscribe
Share It
Popular posts from our other blogs:
RSSrss
See all blog subscribe options
Google google
What is RSS?
Yahoo! yahoo
Addthis Subscribe using any feed reader!
Bloglines Bloglines
Newsletter

TwitterFollow us on Twitter!