China Aims to Cement Its Place at Forefront of Biomedical Innovation with New 5-Year Plan
9 Articles
9 Articles
China aims to cement its place at forefront of biomedical innovation with new 5-year plan
China’s Next Industrial Leap Is Medicine
China wants first-in-class medicines developed at home to account for at least 25% of the global total by 2030. That would place Chinese laboratories at the origin of 1 in 4 drugs that attack disease through a new mechanism and can establish...
The Asian country seeks to consolidate itself as a world power in biomedicine by 2030, with targets focused on innovation, research and development of new medicines. The program aims to raise the revenues of the main pharmaceutical companies, expand R & D investment and strengthen the presence of products in international markets.
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