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Chinese Domestic Alliances Focus On China-Only Rights As Confidence Grows

 
• By Dexter Jie Yan

Confidence in growing in-house commercial capabilities has recently prompted several Chinese pharmas, including Simcere and 3SBio, to focus on obtaining domestic rights to novel drug assets developed by other China-based biotechs, rather than pursuing international deals.

acquisition deal
Chinese pharmas, biotechs ramp up domestic licensing alliances • Source: Shutterstock

Amid a longer than expected industry downturn, Chinese pharma firms with a solid commercial footing in their home market are now turning to acquiring domestic rights to novel drug assets from their biotech compatriots, as opposed to more global alliances.

Over the past few months, Hong Kong-listed Simcere Pharmaceutical Group has been busy scooping up rights to develop or commercialize three major assets, all

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