Biological medicine industry
Updated : 2014-12-23
Known as Beijing's "Medicine Valley," the development area has attracted over 500 bio-pharmaceutical enterprises.
It has formed various core sectors, such as high-end drug agents, biological drugs, modern Chinese medicine, new vaccines, diagnostic reagents, digital imaging diagnostic equipment and biomedical materials.
Moreover, over 10 national research and development centers and hundreds of research and development institutions and service outsourcing enterprises have jointly created a comprehensive system for innovative biomedical research and public service.
The pharmaceutical and medical equipment companies in the development area make up approximately 50 percent of the total value of the entire industry in Beijing.