2min chapter

Behind the Money cover image

How a big biotech’s start-up gamble went wrong

Behind the Money

CHAPTER

The Challenges of Unilateral Trade Financing

The Illumina battle over Grille really shows how difficult it can be for a monopoly player to absorb and fund the development of a very risky yet high potential startup like Grille. The uptake of digital technologies is not so much in the technology itself but rather in the local law and regulations. And the challenges of trade finance, unilaterally deploying trade finance is very hard.

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