Emerging Champions in the Digital Economy by Xiaoming Zhu

Author:Xiaoming Zhu
Language: eng
Format: epub
ISBN: 9789811326288
Publisher: Springer Singapore

Investment Opportunities for Precision Medicine

The concept of precision medicine is not new, but it has become a reality in recent years, with the development of new tools and technologies such as DNA sequencing,

biochips, and Big Data analysis. As private institutions and governments such as the U.S. and UK have put more resources into investment and publicity (see Table 1), precision medicine has gradually increased its public profile. According to the 2015 programme of the Ministry of Science and Technology, China will invest RMB 60 billion in precision medicine (RMB 20 billion from central government and RMB 40 billion from companies and local government) over the next 15 years. According to insiders, this move will create significant opportunities for China’s medical industry and capital markets in the next 5–10 years (Cui 2015).Table 1Investment trends in the overseas precision medicine sector (2011—2016)

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