Despite apparent lingering caution on the part of some biopharma multinationals over additional investments in China, Bayer and Eli Lilly have over the past few months both made similar moves to put new money into the country, investing in start-ups and early drug research and manufacturing, respectively.
China Innovation, Large Market Continue To Lure Foreign Investment
Robust Activity Despite De-Risking
High patient needs, a large healthcare market and innovation potential in the biotech sector in China still appear to be maintaining and attracting investments by overseas biopharma companies, including by Bayer and Lilly in biotech start-ups and Lilly in manufacturing.
Read more by Xu Hu
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