Frequent Major Outbound Licensing Deals Highlight China's Innovative Drugs on the Global Stage
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Author:小编   

Recently, Chinese innovative pharmaceutical companies have frequently secured substantial outbound licensing deals, with notable examples being Sansheng Pharmaceutical's agreement worth over $6 billion and CSPC Pharmaceutical Group's cooperation agreement valued at $5.33 billion. These transactions not only underscore the growing global competitiveness of China's innovative drugs but also signify the transformation of China's innovative drug industry from a 'follower' to a significant 'contributor' on the world stage.