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Cover Story: Chinese Biotech Is Having a ‘DeepSeek Moment’

By Chen Xi and Han Wei
2025年06月16日 08:00
A flurry of multibillion-dollar deals marks China’s emergence as a leading force in the innovative drug sector

In a resounding vote of confidence in China’s biotechnology sector, leading global pharmaceutical companies are striking multi-billion-dollar deals for innovative therapies developed by Chinese firms. These deals mark a pivotal point for China’s role in global drug development and have sparked a capital market frenzy.

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