AstraZeneca Taps Into China’s R&D Engine With CSPC Alliance

After in-licensing a cardiovascular candidate last year, AstraZeneca has signed a strategic drug discovery alliance, which could generate billions of dollars in payments to the Chinese firm.

CSPC is located in Shijiazhuang City, around 180 miles southwest of Beijing. (Shutterstock)

AstraZeneca has unveiled a major new alliance with up-and-coming China’s CSPC Pharmaceuticals to discover and develop novel oral drug candidates, a collaboration which underscores the emergence of the country’s biopharma sector.

Key Takeaways
  • AstraZeneca has signed a deal with China's CSPC Pharmaceuticals to use it AI drug discovery platform.

The deal announced on 13 June will see AstraZeneca pay CSPC $110m upfront to generate preclinical candidates to treat diseases...

Read the full article – start your free trial today!

Join thousands of industry professionals who rely on Scrip for daily insights

  • Start your 7-day free trial
  • Explore trusted news, analysis, and insights
  • Access comprehensive global coverage
  • Enjoy instant access – no credit card required

More from Deals

More from R&D