Embrace the competition from China, says Maraganore
U.S. biotechs need to rise to the challenge and learn from their competitors
The rising competition from China is to be welcomed not feared, says John Maraganore, who argues the innovation will push biotechs globally to greater heights and provide a net positive for patients and the biopharma ecosystem.
In a fireside chat with BioCentury at the BIO CEO & Investor Forum in New York on Feb. 11, Maraganore, the former and longtime CEO of Alnylam Pharmaceuticals Inc. (NASDAQ:ALNY) who is now chairman of City Therapeutics Inc., took a strong stance to encourage openness to this new source of competition...