China’s Investors Pour Into Western Biotech Startups

Fledgling biotechs and medical-technology startups in the U.S. and Europe have found a new source of cash to fund costly research: China.

Foreign health-care investments by Chinese venture-capital and private-equity firms reached a record $3.5 billion last year, up from $500 million four years earlier, according to Bain & Co. Much of the new money has gone to buying stakes in U.S. and European firms.

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https://www.wsj.com/articles/chinas-investors-pour-into-western-biotech-startups-1528968601?mod=pls_whats_news_us_business_f

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