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China's biotech industry: An Asian dragon is growing
Date:1/7/2008

h development in China

  • Reform the financial environment to facilitate exit mechanisms for entrepreneurs and investors in the health biotech sector.
  • Create and promote specialty programs in biotechnology entrepreneurship and management.
  • Leverage the sea turtle phenomenon to promote transnational companies that will be attractive to western investors and strategic partners.
  • Promote credibility of domestic firms to the international community by enforcing uniform financial reporting, a transparent regulatory regime and fair business practices.
  • Enact timely legislation and regulations to nurture scientific and economic development.
  • Stimulate rapid development of the IP infrastructure through academic and exchange programs.
  • Strengthen health systems infrastructure and distribution mechanisms in concert with the development of the industry to ensure that innovative health biotech products are available to the entire domestic population.


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Contact: Terry Collins
terrycollins@rogers.com
416-538-8712
Program on Life Sciences, Ethics and Policy,McLaughlin-Rotman Centre for Global Health
Source:Eurekalert

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