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  3. China’s biotech firms move up value chain as drug deals evolve beyond licensing: analysts

South China Morning Post

China’s biotech firms move up value chain as drug deals evolve beyond licensing: analysts

Chinese biotech deal making is moving beyond the licensing of individual drug candidates, as the country transforms from a follower to a global innovation leader, according to analysts. The latest transaction underscores that shift. Beijing-based cancer drug developer InnoCare Pharma said on Thursday that it had entered into a strategic research collaboration and licensing agreement with US pharmaceutical giant Eli Lilly that could be worth up to US$3.35 billion. InnoCare said it would use its..

Continue with the complete report on the publisher’s website.

Read full article at South China Morning Post
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By South China Morning Post

26 September 2026|1 min read
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China’s biotech firms move up value chain as drug deals evolve beyond licensing: analysts
China’s biotech firms move up value chain as drug deals evolve beyond licensing: analysts
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