Singapore’s biotech bid Singapore is rolling out the red carpet to foreign scientists and entrepreneurs in an ambitious bid to build up its biotech sector. The government has set aside $2 billion for research in biotech, health care and medical technology until 2005, and pledged $285 million for science scholarships.
July 26, 2002 Comments Off on Big Pharma: Getting Too Big for Its Own Good? Posted in: General Biotechnology Big Pharma: Getting Too Big for Its Own Good? A study by McKinsey & Co. earlier this year looked at the net present value of products out of research vs. the spending on R&D for the top pharma players over the last decade. It found no correlation between the return on investment and a company’s […]