How this Chinese biotech player is building and boosting a network of startups

An old-school Chinese drug company’s investment and incubator spinout — offering a kind of dim sum on the Peninsula for life sciences startups — is growing. ShangPharma Innovation expanded its incubator in South San Francisco by 9,000 square feet to 32,000 square feet as it continues to parse potential investments. As far as life sciences real estate goes, the incubator space is on par with others. Johnson & Johnson’s JLabs, for example, has about 30,000 square feet off Oyster Point Boulevard…

Read more here:
How this Chinese biotech player is building and boosting a network of startups