Biotech Values

[corpstrat]

Interesting. We can't trust China's cough medicine or toothpaste, but we can trust their pharma R&D results?
A key reason for China's low-cost position, as the media are belatedly letting us know, is the absence of regulation on product quality, pollution, worker safety, etc. How does this work in pharma R&D, one of the most heavily regulated activities on earth? Do they plan on bribing the FDA to look the other way?