U.S. buyers and pharmaceutical giants are more and more trying to China for drug innovation, with practically 30% of main pharma offers final yr involving Chinese language corporations—up from 0% in 2019.
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![China's biotech increase reshapes pharma, sparks U.S. business issues China's biotech increase reshapes pharma, sparks U.S. business issues](https://i2.wp.com/image.cnbcfm.com/api/v1/image/108102094-17394568405ED2-REQ-021325-WEX-Peebles.jpg?v=1739456839&w=1920&h=1080&w=1920&resize=1920,1075&ssl=1)
U.S. buyers and pharmaceutical giants are more and more trying to China for drug innovation, with practically 30% of main pharma offers final yr involving Chinese language corporations—up from 0% in 2019.
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