Ambrx breaks deal mold with Zhejiang ADC alliance

Research-based alliances between Chinese and Western pharma/biotech partners have been on an upward arc over the past year, driven by the desire of smaller US and European companies to gain access to China's growing market and their Chinese counterparts' rising hunger for innovation.

Research-based alliances between Chinese and Western pharma/biotech partners have been on an upward arc over the past year, driven by the desire of smaller US and European companies to gain access to China's growing market and their Chinese counterparts' rising hunger for innovation.

A new deal between Ambrx and Zhejiang Medicine Company (ZMC) has some additional mutual benefits as well. For one, it...

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