Chinese Biotech Firms Target European Expansion Despite Hurdles

China’s pharma companies turn to Europe for growth

China has emerged as a powerhouse of biotech innovation, but local firms still face a steep climb toward financial stability and global growth. Swissinfo spoke with three Chinese companies navigating these hurdles as they set their sights on Europe. At this year’s Swiss Biotech Day in Basel in May, 12 Chinese companies – nearly double last year’s number – attended with the support of the China hub of Swiss Global Enterprise, the official government export and investment organisation. At least...

By swissinfo.ch