ARTICLE | Finance
China's new fund
Biotech likely to benefit from $6.4B China-backed venture fund
February 2, 2015 8:00 AM UTC
Few details are available on a new Chinese government-sponsored venture fund, but at least one consultant contacted by BioCentury expects a portion will go to biotech.
Last month, the China State Council announced a new venture fund with a target of up to RMB40 billion ($6.4 billion) earmarked for start-ups in strategic emerging industries. ...