Singapore to Lead Biotech Innovation in APAC_1

Singapore to Lead Biotech Innovation in APAC Singapore has one of the most advanced and innovative infrastructure in the Asia Pacific region. The Singaporean government has identified the biotech industry as a future growth area contributing to the country�s overall development. The government has allocated a substantial budget to fund the industry. This will make the sector to post strong growth. As per our research report �Asia Pacific Biotechnology Market (2008-2012)�, the biotech industry in Singapore is expected to grow at a CAGR of around 13% during 2010-2012. Our research has found Singapore's large tax incentives have made it an attractive destination for multi-national corporations,[link widoczny dla zalogowanych], but such incentives may not be sustainable in the longer term. However,[link widoczny dla zalogowanych], the sector will continue to witness strong growth due to several other factors. We have also found that the IPR regime of the country is quite strong and companies are not hesitating in making investments in the sector. This feature differentiates the

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