China continues to invest in biotech
February 22nd, 2009 Posted in Investing
The global economic crisis has hit every part of the industry, and almost closed the door for new investments. However, that doesn’t seem to be true as far China is concerned.
The Municipal Government of Beijing will invest over $70 million in the biotech industry. They will be funding major projects in the pharmaceutical and agricultural sector. Their plan is to increase the output in the coming years.
Source: seekingalpha.com/article/121906-china-biotech-in-review-investments-continue
