China Life Science 2012: From Local to Global
publication date: Mar 13, 2012
ChinaBio® LLC has published its annual report on investment activity in China's life science industry, "China Life Science 2012: From Local to Global." China is now in the Year of the Tiger, the symbol of wealth and power. In 2011, China’s life science industry transformed itself from an industry with primarily local, inward-looking domestic companies to one with a global impact. Fueled by the government’s ambitious plans and financial backing, and the companies own desire to become major players on the world stage, China’s life science companies began to look outside their own borders for partners, markets and drug candidates. This yielded several deals worth well over $100M for the first time. Based on ChinaBio's proprietary research data, this report covers VC investment, M&A, IPO, corporate investment and partnering activity through 2011, and discusses how the industry will continue to expand in 2012.