The Good, The Bad

The Good, The Bad

I’ve been in China for a year working in a joint venture with the China Medical City Government and it has been a terrific education and given me the opportunity to learn the business practices undertaken by government officials, their close associates and partners. I’ll start with the positive aspects of starting a business in China; • The optimism and willingness to take risks • There is a hardworking talent pool in the major metropolitan areas such as Shanghai, Tianjin, Shenzhen, Suzhou and Beijing. Salaries are not as low as one might think for people with experience in biotechnology and  … Read more

Chinese Bureaucracy

Chinese Bureaucracy

Nine months into my enterprise I remain optimistic about China’s future in the global pharmaceutical community, which has lead some of my friends to think I am naïve or just plain mad. The country says they have the resources, the will and the vision to build this nation into a world-class leader in manufacturing, innovation and citizenship. As a reminder, I am part of a founding team that is in a cooperative joint venture with the China Medical City (CMC) government to build and manage a globally compliant biologics manufacturing facility in Taizhou, Jiangsu, China. (Read more about that here)  … Read more

Monoclonals in China

Monoclonals in China

In late 2009 a Chinese-American friend asked me if I might consider working on a project in China, to which I responded enthusiastically “yes.” The business concept is to develop a contract manufacturing organization (CMO) in China to capitalize on an emerging China market, take advantage of the lower costs of manufacturing that China’s skilled labor force has to offer, and produce products in compliance with FDA and EMEA standards for international and/or domestic distribution. As my simplistic generalization, I thought that since China manufactures so many products for the West, why not pharmaceuticals? At that time I was naïve  … Read more