Labcyte Awarded 1st Patent in China
“The life sciences industry in China is the world’s highest growth market and the pharmaceutical and biotech markets are expected to be the 3rd largest market, after the USA and EU, in the world by 2013 at $73 billion,” said Sanger Chang, General Manager of Tekon Biotech, the Labcyte distributor in China. “Labcyte products have already been successfully adopted by some of the largest pharmaceutical and CRO companies in China as well as by all ten of the top ten pharmaceutical companies globally. As discovery platforms are standardized and adopted globally we see significant opportunity for the Labcyte products in China.”
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