Claims tagged with "Biotechnology"

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U.S. federal funding for medical research is significantly higher than China’s, thanks in great part to funding provided by the National Institutes of Health and other federal sources. 0.900

👤 Jacob Dreyer 📋 Opinion Essay 🏷️ Biotechnology , China , United States , Health , Funding

Simplified: US federal funding for medical research is higher than China's.

1 sources

2 days ago
Federal legislation is being considered, such as the Biosecure Act, which passed the House last year and would prohibit federal agencies and recipients of federal funds from contracting with Chinese b... 0.900

👤 Jacob Dreyer 📋 Opinion Essay 🏷️ Biotechnology , China , United States , Politics , Regulation

Simplified: The Biosecure Act would prohibit federal agencies from contracting with Chinese biotech contractors.

1 sources

2 days ago
Though the Chinese government bargains hard with both foreign and domestic pharmaceutical companies to provide products at the right price in exchange for market access, the low prices that Chinese co... 0.900

👤 Jacob Dreyer 📋 Opinion Essay 🏷️ Biotechnology , Pharmaceutical , China , United States

Simplified: Chinese biotech companies test and manufacture drugs faster than American counterparts.

1 sources

2 days ago
In April, a bipartisan congressional commission recommended investing at least $15 billion in biotech over the next five years to compete with China. 0.900

👤 Jacob Dreyer 📋 Opinion Essay 🏷️ Biotechnology , China , United States , Politics

Simplified: A congressional commission recommended investing $15 billion in biotech to compete with China.

1 sources

2 days ago
The company, whose clients have included Chinese firms like Innovent and Jiangsu Hengrui, as well as American and European drugmakers like Pfizer, GlaxoSmithKline and AstraZeneca, was involved in, by... 0.700

👤 Jacob Dreyer 📋 Opinion Essay 🏷️ Biotechnology , Pharmaceutical , China , United States

Simplified: Wuxi AppTec was involved in a quarter of drugs used in the US.

1 sources

2 days ago
As a result, China’s biotech sector can deliver drugs and other medical products to customers at much cheaper prices, including inexpensive generics. 0.900

👤 Jacob Dreyer 📋 Opinion Essay 🏷️ Biotechnology , China , Economics

Simplified: China's biotech sector delivers drugs at cheaper prices.

1 sources

2 days ago
It’s a one-stop shop for pharmaceutical research and development, streamlining everything from early-stage drug discovery to young scientist recruitment and medication production. 0.900

👤 Jacob Dreyer 📋 Opinion Essay 🏷️ Biotechnology , Pharmaceutical , China

Simplified: Wuxi AppTec is a one-stop shop for pharmaceutical research and development.

1 sources

2 days ago
While the U.S. biotech industry is known for incubating cutting-edge treatments and cures, China’s approach to innovation is mostly focused on speeding up manufacturing and slashing costs. 0.900

👤 Jacob Dreyer 📋 Opinion Essay 🏷️ Biotechnology , United States , China , Innovation

Simplified: US biotech focuses on cutting-edge treatments China focuses on speeding up manufacturing and slashing costs.

1 sources

2 days ago
The fact that Chinese biotechnology stocks have surged over 60 percent since January seems to bolster this claim. 0.800

👤 Jacob Dreyer 📋 Opinion Essay 🏷️ Biotechnology , China , Finance

Simplified: Chinese biotechnology stocks surged over 60 percent since January.

1 sources

2 days ago
Just outside of Shanghai, in the city of Wuxi, China is building its future of medicine — a booming biotechnology hub of factories and laboratories where global pharmaceutical companies can develop an... 0.900

👤 Jacob Dreyer 📋 Opinion Essay 🏷️ Biotechnology , China , Medicine

Simplified: China is building its future of medicine in Wuxi near Shanghai with a biotechnology hub.

1 sources

2 days ago