China Biotechs Lure Industry Talent in the U.S.

  • 📰 WSJ
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

China-based biotechnology startups are hiring veteran executives from big American drug companies to join the race for the first nongeneric Chinese drug approval in the U.S.

China-based biotechnology startups looking to go global are poaching talent from the biggest American pharmaceutical companies, promising managers and medical chiefs lucrative pay packages and a more entrepreneurial work environment—all without asking them to uproot their lives in the U.S.

At least a half-dozen Chinese biotech startups have established offices from Greater Boston to Silicon Valley in recent years, looking to commercialize their treatments in the world’s largest drug market by sales.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

US is history...it's time for China now

That's where the money is.

There is no way to know what is in *any* drug made in China, but no worries, it's all good, the rich are getting richer.

I find it disgusting that any American would go over 2 work for a foreign adversary.

So much nationalism here. If we can buy an imported medicine, and it allows us to live longer or more comfortably, is that a bad thing? The US has carried pharma R&D for decades. It is good to see China begin to help.

When the US were busy surprising smaller nations, they went quiet and kept improving and developing, now they say 🇨🇳China is a threat.

companies in China = Chinese gov't...takes a lot of Yuan printing to be able to afford American biotech execs that aren't Chinese. USA

what America did with German Armaments designers and scientists after WWII, the world now favouring the life assuring pharmaceutical industry of China, over the worthless Military Industrial complex that underpinned US prosperity

China-based biotechnology is spying on US.

Why not? They’re already mailing us more Fentanyl than we can take!

Another reason to make lobbying the government illegal

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

661 Companies, Trade Associations Plead With Trump To End China Trade WarBusiness sector warns Trump that his tariffs are hurting jobs and millions of American consumers. HE WON`T CARE HE`S tariff man
Source: YahooNews - 🏆 380. / 59 Read more »