Big Pharma is increasingly reliant on Chinese biotech advances
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AstraZeneca, Pfizer and other multinational drug companies have spent a record amount on medicines developed by Chinese biotechs this year
AstraZeneca has signed the most licensing deals with Chinese biotechs, at least $13.6bn of licensing deals with five companies so far this year
US pharmaceutical companies AbbVie, Merck, Pfizer and Regeneron also signed multibillion-dollar licensing deals in the first half of 2025.
Pfizer signed the biggest Chinese licensing deal this year, a $6bn agreement with 3Sbio to develop a cancer drug
All this [pharmaceutical] money has gone into China because China has invested in their industry while the US government has not,” Axelsen said.
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AstraZeneca, Pfizer and other multinational drug companies have spent a record amount on medicines developed by Chinese biotechs this year
AstraZeneca has signed the most licensing deals with Chinese biotechs, at least $13.6bn of licensing deals with five companies so far this year
US pharmaceutical companies AbbVie, Merck, Pfizer and Regeneron also signed multibillion-dollar licensing deals in the first half of 2025.
Pfizer signed the biggest Chinese licensing deal this year, a $6bn agreement with 3Sbio to develop a cancer drug
All this [pharmaceutical] money has gone into China because China has invested in their industry while the US government has not,” Axelsen said.
wrote on last edited by [email protected]The political administration in USA is basically saying they don't want to be a leader in scientific advances. What else do we expect to happen?
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The political administration in USA is basically saying they don't want to be a leader in scientific advances. What else do we expect to happen?
Put us behind the rest of the world so that we would be forced to play catch-up by investing a bunch of money, and then have the government funnel that money into private corporations owned by tech billionaires
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The political administration in USA is basically saying they don't want to be a leader in scientific advances. What else do we expect to happen?
US spent the better part of the 20th century becoming a science and technology powerhouse. We are pissing away that advantage at lightning speed.
