Industry experts call for public funding to make health research 'more investible' for VCs, cos

Industry experts call for public funding to make health research 'more investible' for VCs, cos

Lo Chung-mau, the Secretary for Health of the Government of Hong Kong, delivers a speech at the Asia Summit on Global Health in Hong Kong on May 16. Photo from the Hong Kong government website

Public funding is critically important in startup incubation, especially in the healthcare industry, where advancing cutting-edge diagnostic solutions and novel drugs requires massive capital input before they become “more investible” to the private sector.