actually i think singapore heading towards the wrong direction
into biomedical.....here's why...
1) drug makers need between 10 - 15 yrs to develop and bring a
drug into the market. Success is not gurrantee example Eli lily had
shut down Singapore drug lab. 130 folks get laid off.
2) Singapore is too small to do any trial. Any drug that
you bring into market needs to have test sample across diverse
populations. We are too small and does not have enough
resources to work on global scale.
3) Singapore population don't have enough research
scientists in this field. We are just starting to pump in students
to study this field. other countries would have 40 yrs
ahead.\
4) next few years biomedical will see consolidation.
My take is what singapore should be doing is pump in money
into Stem cell research and leap frog ahead of biomedical and focus
on Gene therapy and Gene molecular cell treatment.
The worst still today biomedical field would be outdated in
tomorrow Genetics sciences. These 2 field does not cross
path.