How UK biotech can engage with China: two types of efficiency
We must engage with the Chinese ecosystem – this is how
UK biotech on the global stage
We are a global industry, and we need to capture the speed, ambition, innovation and investment for the benefit of de-risking our own companies. At the same time, we need to establish where UK fits into the value chain in a new global biotech order. We must use this opportunity to urgently increase UK competitiveness.
China is looking to the next phase of globalisation and actively seeking partnership. The UK holds a unique global position as an epicentre for scientific innovation, global finance and world-renowned talent. We can also serve as launchpad for global reach through regulatory innovation, alignment and integrated health research systems. The opportunity for inward investment is ripe.
Two kinds of efficiency, one shared opportunity
Seeing the ecosystem up close
What this means for UK biotech
BIA’s objective is to help members navigate the rapid advancement of China’s biotech ecosystem, build relationships that benefit the UK sector and ensure the UK captures value from a shifting global biotech order. That means engaging with confidence, recognising the challenges, and being clear about where UK science, regulation, finance and talent can make the greatest contribution.
Thank you to DBT for an inspiring week in Shanghai and Suzhou alongside colleagues from MHRA, and to the DBT China team for their meticulous organisation. The visit provided a valuable opportunity to connect, listen and explore how the UK and China can work together more effectively in the next phase of global biotech. What stood out just as strongly, however, was the warmth of the welcome and the widespread recognition of BIA as a valued partner for UK-China collaboration going forward.