Tony Sagami -

China targets biotech for the future

by Tony Sagami on September 12, 2008

The Chinese government is very serious about turning China into a biotechnology powerhouse and is spreading enough money around to make it happen.

The latest. A grant from China’s National Development and Reform Commission to Sinovac (NYSE:SVA) has allowed it to expand its vaccine production capacity to 20 million doses annually.

I’ve been following Sinovac for a while and am very, very interested in it. I haven’t pulled the trigger yet, but it is getting cheap enough that I may soon.

Related Posts