Biomedicine

Biomedical Sciences Companies Expanding in Asia Invested More Than US$500 Million in Singapore

Published in Lab Business Week, June 7th, 2009

Global biomedical sciences companies invested more than US$500 million in Singapore in the year 2008. This rides on Singapore's strong scientific fundamentals, with biomedical sciences R&D expenditure exceeding US$760 million in 2007.

The continued confidence in Singapore points to the city-state's attractive investment environment, as companies look to the fast growing Asian market to fuel their growth. As a leading bio-cluster in Asia, Singapore provides access to global talent, world-class scientific and clinical excellence, as well as excellent connectivity to key regional markets.

Mr. Yeoh Keat Chuan, Executive Director, Biomedical Sciences,...

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Source: Lab Business Week (2009-06-07)

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