China biotech: End of the boom
PE investment in China biotech has collapsed amid failed IPO processes and disputed valuations. Pockets of activity remain, though questions around commercialisation have yet to be answered
In the second half of 2020, private equity investment in China biotech surged to USD 3.9bn, a threefold increase on the first six months and more than the combined 12-month totals for 2018 and 2019. This...
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