ANALYSIS: China Sets The Stage For Its Innovation Entrance

China is coming up fast on the innovation curve as a result of both political will and a healthy ecosystem that supports R&D. It will take time to challenge the major players from the US and Europe, but there are few that doubt China can, eventually, do so.

If biotechnology was a race, China is catching up fast to its European and US competitors. It has accelerated pharmaceutical development by moving on from low-risk, low-margin contract work in generics, to producing innovative and novel therapy research, especially in the burgeoning field of biologics.

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