By China’s standards, Chipscreen Biosciences is a biotech success story. The two-year old drug discovery firm, based in Shenzhen, Guangdong, has raised over $6 million in funding, which is “quite unusual in China” according to Leming Shi, co-founder and director of informatics. But despite its relatively deep pockets, Chipscreen found that commercial informatics systems were still out of its price range.

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The Chan Zuckerberg Initiative is investing in Cold Spring Harbor Laboratory's BioRxiv.

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