Big Pharma’s China deal spree grows with latest tie-up worth up to $7.8 billion
Summary
Western biopharma companies are increasingly licensing or acquiring drug candidates from Chinese developers as major products approach patent expiration. The shift reflects China’s growing role as a source of pharmaceutical innovation, not just manufacturing.
The patent cliff is pushing large drugmakers to buy external pipelines faster, and Chinese biotech
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The next wave of blockbuster drugs may depend more heavily on cross-border deals with Chinese biotech companies.