China's biotech sector has grown over the last decade. According to Labiotech, there are 10 top biotech companies in China worth noting.
China has emerged as a global biopharmaceutical powerhouse due to its edge in fast, cost-effective early clinical trials. This is reported by SCMP Business and South China Morning Post. US lawmakers and officials at the Food and Drug Administration have raised concerns about American pharmaceutical companies' growing reliance on conducting trials in China.
The US may take steps to curb China's advantage in biopharmaceuticals. Analysts have noted this risk.
Brief written by urgent.news from Labiotech, SCMP Business, South China Morning Post — 3 reports on this story.
Machine-written — may contain errors; check the original before relying on it.
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