Why China Is Having A Healthcare Boom [Fortune]
Zai Lab Limited - American Depositary Shares (ZLAB)
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Source: Fortune
There’s a healthcare boom occurring right now in China, partly aided by a number of beneficial government policies. That’s one of the takeaways from a Tuesday session on China’s healthcare market at Fortune’s Brainstorm Tech International conference in Guangzhou, China. Both the central government and local governments, for example, help fund Chinese healthcare startups, according to Marietta Wu, managing director of the life sciences venture fund Quan Capital. This government cash helps companies fund the research for their next blockbuster drug as well as the expenses required to operate a growing healthcare company. For instance, Wu said her previous company Zai Lab “had a lot of government support” that it used to build its drug manufacturing facilities. These favorable regulatory policies are helping Chinese companies grow faster and develop drugs and medical devices cheaper than the U.S, explained Qiming Venture Partners managing partner Nisa Leung. Wh
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News
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ZLAB
Earnings
- 11/7/23 - Beat
ZLAB
Sec Filings
- 3/19/24 - Form 4
- 3/19/24 - Form 4
- 3/15/24 - Form 4
- ZLAB's page on the SEC website