July 14, 2008 -- The Shanghai government will offer financing aid to biotech companies developing new projects, according to a government official at an industry forum on July 8. “Most of the small and medium-sized biotech pharmaceutical companies in the country have financing issues,” said [Dr.] Yu Ningni, director of the Pudong Science & Technology Development Fund Bureau at the ChinaBio® Investment Forum 2008 [in Shanghai]. “We have offered and will continue to offer all kinds of aid to those companies carrying out new research projects.” More details...
