This is not the only blood cancer cure discovered in China. Thanks to the ATRA-ATO treatment APL went from the most lethal type of leukemia (death within a week) to completely curable.
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News on China's scientific and technological development.
- Thread starter Quickie
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Out of five critical tech sectors, "China has the most immediate opportunity to overtake the United States in biotechnology," the Harvard Belfer Center said in a new report.
Just as China is developing its biotech sector, reports from the U.S. biotech hub of Cambridge and Boston reveal layoffs and empty labs.
Yup, China currently has more foundational advantages in biotech than it does in AI - a larger population, less institutional regulations & red tape, and far less excessive medical expenses from artificial labor shortages (e.g. the doctors deficit). The only thing it historically lacked is capital, but that's been changing as Big Medicine is realizing that it's much more efficient to invest in Chinese companies.
By contrast, AI is held back by the lack of a truly globally successful software ecosystem (the rest of the world runs on Nvidia, Cuda, Google, etc.) and the chips embargo. No such problems in medicine where regulatory frameworks tend to be local and prohibitively expensive prices make it harder for Western companies to achieve economies of scale. China has huge chances here to be globally dominant, IMO.
By contrast, AI is held back by the lack of a truly globally successful software ecosystem (the rest of the world runs on Nvidia, Cuda, Google, etc.) and the chips embargo. No such problems in medicine where regulatory frameworks tend to be local and prohibitively expensive prices make it harder for Western companies to achieve economies of scale. China has huge chances here to be globally dominant, IMO.