China’s Gene Therapy Investment
Posted on October 12, 2006 Comments (1)
We have recently added a new blog to our offerings: the Curious Cat Investing and Economics Blog. For those of you interested in those topics I hope you will give it a try.
Our favorite economics radio (pre-podcast technology) show is Marketplace from National Public Radio. Today they have a story on China’s commitment to gene therapy as a economic strategy to get in on a potentially huge market: China bounds ahead in gene therapy.
Patients in China are less likely to file lawsuits, and Chermak says Chinese regulators are more open-minded to new treatments. They see the slowdown in the United States as an opportunity to get ahead.
At the same time, a lot of Chinese researchers who studied in the U.S. are returning home because in China, you can get much more bang for your research buck.
This is an example of the future we discuss in: Diplomacy and Science Research