Chinese State-Backed Investments in U.S. Life Sciences Raise Security Concerns
Key Points
- State-backed Chinese firms are aggressively investing in U.S...
Oh look, another foreign investor wants to play doctor with American biotech companies! But this isn't your average "got some spare change?" situation - we're talking about state-backed Chinese firms wielding wallet-sized weapons of mass investment.
The Grand Pharma Grand Prix
Remember when Grand Pharma was just another modest state-owned enterprise? Well, under Hu Kaijun's leadership, they've transformed faster than a penny stock on earnings day. They're now zooming around the U.S. biotech track, snatching up technologies like they're Pokemon cards. But here's the kicker - China Finance's...
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