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Tharman: S'pore will continue to invest in biomedical sector

Published Wed, Mar 11, 2015 · 09:50 PM

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    Singapore

    SINGAPORE will continue to invest to stay at the forefront of the biomedical sciences industry, even as the sector generated output of S$21.5 billion last year and employed 16,800 people, said Deputy Prime Minister Tharman Shanmugaratnam.

    He made the point on Wednesday at a ground-breaking ceremony where drugmaker GlaxoSmithKline (GSK) said that it would set up a new global headquarters for Asia in Singapore, as it looks to the emerging markets to grow its business.

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