Beyond the West, China’s R&D draws new partners
By Wang Fangqing
China's burgeoning biotech R&D capabilities are attracting increasing international attention, with non-Western countries actively seeking partnerships. At the BIOCHINA event in Suzhou on March 13, representatives from South Korean and Russian biotechs expressed strong interest in collaborating with Chinese counterparts.
“China has a lot to offer to Korean biotechs aside from vast market potential,” said Doyoung Kim, head of global business center at Daewoong Pharmaceutical, a Seoul-based biotech with a facility in Benxi city, Northeastern China.
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