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Healthcare

The rise of China as a global innovator in pharma (incentives matter)

This paper examines China’s transition from pharmaceutical “free rider” to global innovator over the last decade. In 2010, China accounted for less than 8% of global clinical trials; by 2020, it had surpassed the US in annual registered clinical trial volume. To study this transformation, we compile a comprehensive, synchronized database spanning the pharmaceutical drug […] The post The rise of China as a global innovator in pharma (incentives matter) appeared first on Marginal REVOLUTION. Re...

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