China Deal Watch: Four Biotechs Kick Off May With Multiple In/Out Deals

Four Chinese biotech companies reach in- and out-licensing deals covering antibody drug conjugates, small molecules and vaccines as they continue to pursue and develop innovation.

More and more Chinese Biotechs are teaming up with larger-scale domestic pharma companies for wider market access.
Licensing deals between Chinese and foreign biopharmas spiked in early May • Source: Alamy

Chinese biotechs' appetite for innovation remains strong despite valuations for the sector being hit hard by stock market turmoil.

China’s Shanghai market comprehensive index has dived below 3,000 for the first since 2018 and the health sector also suffered...

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