3 points | by bigbobbeeper 6 hours ago ago
2 comments
“China’s domestic venture investment in biotech peaked at $15.7 billion in 2021 and plunged to $4.2 billion in 2024, in spite of surging cross border deals.”
Okay, that’s odd
Not really. There was a huge interest in biomedical research in 2021. Now that interest has been taken over by AI and defense technology.
“China’s domestic venture investment in biotech peaked at $15.7 billion in 2021 and plunged to $4.2 billion in 2024, in spite of surging cross border deals.”
Okay, that’s odd
Not really. There was a huge interest in biomedical research in 2021. Now that interest has been taken over by AI and defense technology.