The Digital Source For China's Tech Innovation Since 2000

China Tech Buzz

Global News Impacting Chinese Tech

Cross-border biotech deals grow more complex as US targets China investment links

Source: scmp.com scmp.com
News Snapshot:

Cross-border biotech deals between China and the United States are becoming more complicated and could face a modest slowdown as Washington steps up efforts to restrict investment and technology transfers, according to industry analysts.“There will be more geopolitical scrutiny going forward. This scrutiny may lead to slightly fewer deals than without it,” said Diederik Stadig, senior healthcare economist at ING Research.Despite the growing regulatory hurdles, Stadig said the broader trend of Western pharmaceutical companies partnering with Chinese biotech firms was unlikely to reverse.Advertisement“Given the rising importance of Chinese innovation, Western pharmaceutical companies will continue to strike deals with Chinese counterparts,…

Other China Tech Buzz: