From Biosimilars To Corporate Venture: China's Top Biotech Takes Another Step
This article was originally published in The Pink Sheet Daily
3SBio Inc.'s success with a biosimilar of erythropoietin Epogen has spurred the Chinese company to form a RMB 250 million venture fund with China Medical City, an up-and-coming science and technology park that is backed by China's national government.
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[Editor's note: This is part two of a two part story; part one appeared in PharmAsia News, April 25, 2010.]