China has nearly 70 companies in the gene sequencing business

Since the launch of the precision medical program in China in 2015, the field of gene sequencing has rapidly developed. 11 of the companies are publicly listed. From a detailed analysis of invested money, over 75 % of these companies have received investments between millions and 100 millions of Yuan. As the rate of company formation increased year by year, some experts fear that a “gene sequencing bubble” might eventually develop.

China Bio news release, May 9, 2017

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