Story perspectives
Boson Ventures Secures $300K Grant to Link Australia-China Biotech
8/1/2025
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Story summary
- Boson Ventures, based in Melbourne, connects Australian biotech startups with China's expanding pharmaceutical market.
- The firm secured a $300,000 grant from LaunchVic to boost operations in Victoria.
- China's investment in R&D has increased from 0.9% to 2.7% of GDP over the past 20 years.
- In 2021, China outpaced the U.S. in total clinical trials and continues to grow its lead.
