Swedish health care companies are bypassing venture capital financing to raise funds due to a weak venture capital environment. According to SwedenBIO, a survey of 19 public and 100 private companies found that 50% of them plan to raise up to SEK 50 million ($8 million) of funding over three years. However, that may be […]

It could take more than a year for things to return to normal at Japanese universities after the March earthquake and tsunami. The damage of universities in eastern Japan may be as high as ¥90 billion ($1.1 billion). Engineering school Tohoku University endured ¥77 billion in damage. Twenty-eight buildings require reconstruction. The government has created […]

China is expected to become the world’s second-largest pharmaceutical market in 2015 due to macro-developments including socio-economic changes and a modernized health care infrastructure. However, the top 10 Western drug companies in the market each have only a single-digit market share. Domestic drug companies number more than 5,000 and are primarily focused on generics manufacturing […]