China pushes drug development as R&D soars

China has already made tremendous inroads as a manufacturing center for the world. But now it's making enormous investments in R&D [1] to propel the country into the top ranks of world innovators. China has already passed Japan for R&D spending, notes an article by the BBC. And it's turning to companies like Sinovac to develop new drugs. Sinovac is pushing a new bird flu therapy [2]. China's R&D budget is growing at a rate of 20 percent a year, making it likely that a lot more Sinovacs will be created in the years ahead.

- check out the BBC report [3] on China's R&D strategy

Related Articles:
China drug czar executed for corruption [4]
China to overhaul drug safety regulations [5]
Bridge Pharma sees growth in China drug studies [6]