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Biotech Turns to China

Local Cos. See Deep Pool Of Investment Dollars And Potential Access to Biggest Foreign Market

Local biotechs are increasingly teaming up with deep pockets in China, tapping flush investor groups that only recently became safe bets for companies guarding trade secrets. In the past 18 months, deal after deal has been announced with involvement from Chinese investors — a new trend for local life science companies that historically received very little cash from that part of the globe.

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