Betta IPO: New Hope For Made In China Innovation?

The successful IPO of China's drug innovation darling Betta may herald a new wave of capital inflow and renewed interest in new drug R&D in China, but hurdles to the pursuit of original research remain.

Global currency

Built on a low-cost, fast-follower development model, Betta Pharmaceuticals Co. Ltd. is now a publically traded company in China following a successful initial public offering.

Two and a half years after filing for an IPO, the Hangzhou-based firm’s shares started trading Nov.7 on Shenzhen's New...

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