Page Options
>> >>view
Cuiheng: New policies to attract innovative drug projects

The Interim Measures for Accelerating Innovative Drug Cultivation and Agglomeration of Cuiheng New District, Zhongshan has recently been released to encourage the development of domestic and overseas innovative drug projects in the district and to promote the development of the biomedical industry.

The Measures cover start-up funding, equity financing incentives, project loans with discounted interests, financial leasing subsidies and other preferential policies, proposing to earmark 50 million yuan from industrial support funds each year starting from 2023 to support 10 to 20 start-up innovative drug R&D teams.

The Measures specify the areas of support, with a focus on projects in categories 1 and 2 of preventive biologics, categories 1 and 2 of therapeutic biologics, category 1 of chemical drugs, and category 1 of traditional Chinese medicine and natural drugs (different dosage forms and specifications are combined).

Funding falls into four categories. Start-up funding is up to 5 million yuan; equity financing incentives are up to 5 million yuan; project loans with discounted interests are up to 1 million yuan per year with a maximum period of 3 years; and financial leasing subsidies are up to 1 million yuan per year with a maximum period of 3 years.

Close】 【Print
ICP Registration Number: 粤ICP备 11005604号
Police Registration Number: 44200002442868
Website ID: 4420000052
Sponsored by:  Office of Zhongshan Municipal People's Government
Technical Support:   Information Center of Zhongshan
Without written authorization from  Zhongshan Municipal People’s Government, the content of the site shall not be republished or used in any form.
About Us | Site Map| Privacy Statement| Contact us