Hong Kong lags behind Singapore in biotech race
December 09, 2020 When the Hong Kong Institute of Biotechnology was built in 1988, it was just a year after Singapore set up its Institute of Molecular and Cell Biology, the first research centre of its kind there. Henry Wong More than three decades after Hong Kong and Singapore separately embarked on growing biotechnology sectors at almost the same time, their outcomes have proven dramatically different. Observers say Hong Kong’s efforts have sputtered and lagged behind Singapore’s strides in setting up a range of research institutions, attracting top talent and manufacturers, creating j...