A handful of Chinese biotechnology companies are expected to bring medications to consumers in Europe and the US under their own brand names within the next 10 to 15 years, according to policy and industry analysts. Amid Chinaโs early-stage drug outlicensing boom, discussions have arisen among investor and analyst circles as to when โ and which โ Chinese biotechnology companies will start selling their own drugs internationally. Outlicensing agreements typically refer to a company granting...
Home-grown innovative drugs make up most of the medicines Chinaโs drug regulator has approved for sale so far this year, underscoring the countryโs biotech boom. Of the 19 innovative drugs cleared by the National Medical Products Administration (NMPA), 15 came from domestic companies, according to the regulatorโs website as of May 21. These include sonrotoclax, developed by global biopharmaceutical firm BeOne, for treating certain adult blood cancers. The regulator overhauled its approval...