Hidden Dragon? Investors Return To New China Biotech Reality

 
• By Brian Yang

Several Chinese biotech developments during the Lunar New Year break have put investors on high alert, namely the continued share price slide of Chinese biotech bellwether WuXi Apptec, Lianbio ceasing operations and I-Mab divesting its China business to become a fully US-focused company.

Dragon display in a shopping mall to celebrate the Lunar New Year
Dragon display in a shopping mall to celebrate the Lunar New Year • Source: Brian Yang/Scrip

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