Chinese Biopharma Stocks Rally as U.S. Signals Openness to Drug Licensing
Innovent Biologics rose 6% and the Hang Seng Biotech Index gained more than 5% as investors bet deal rules may stay open.
7 Articles
7 Articles
Chinese Biotech Deals Poised for Growth Amid Easing US Restrictions
China biotech deals are poised for growth as Washington shifts away from imposing broad restrictions, analysts say. This positive outlook comes after Beijing unveiled an ambitious five-year plan for the healthcare sector. Nomura's head of China healthcare research Jialin Zhang predicts that out-licensing deals between China and the US will benefit from this favorable environment. According to Reuters, the US Treasury Department is working on inv…
Chinese biopharmaceutical stocks rose sharply in Hong Kong on Monday as the US considered rules that would keep the door open for most licensing deals.
Chinese biotech actions go up in Hong Kong after CNBC reports that the U.S. is studying rules to maintain drug licensing
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