Pfizer paid $1.25B to 3SBio for cancer drug, China rises
NewsBytes | April 11, 2026 2:39 PM CST
China logs 70 drug deals
China has been teaming up with Western and Japanese companies at record speed: 70 deals that brought nearly $5.6 billion in upfront payments last year, and another $1.9 billion already in early 2026.
With faster clinical trials and bold new ideas, China accounted for 30% of the world's pipeline of experimental drugs last year, making it a major force in global medical innovation.
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