SINGAPORE is among the world’s top five biotech regions, reported FierceBiotech, a United States biotech newsletter. This is the second time the Republic has been honoured, since the newsletter created its list last year. The other hot spots were Florida, California, Scotland and Washington state.
FierceBiotech created this list by reading daily headlines, and said the main criteria were ‘a significant amount of attention combined with a lot of potential’.
Singapore was lauded for its efforts in attracting and developing talent, as well as its continued provision of financial incentives for research and development despite warnings from World Bank economists about its high-stakes approach