Post by Ai Tour China
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China has transformed its clinical-trial approval process, reducing review timelines from over a year in the pre-reform era to approximately 60 working days today, with 30-day pathways now available for selected innovative therapies. 📊 According to recent financial reports and investment data from Goldman Sachs and ING, China now accounts for roughly half of global pharmaceutical licensing-deal value by dollars. Key facts shaping the industry right now: • Innovent Biologics signed a $10.5B deal with Pfizer for 12 cancer drug projects. • Bristol Myers Squibb joined forces with China's Hengrui Pharma in an alliance worth up to $15.2B. This massive surge in out-licensing shows that Western firms are heavily relying on Chinese discovery pipelines to restock their own patent portfolios. 📈 Technology has no borders, and neither should our curiosity. 🌟 At Ai Tour China - Experience the future, we believe that understanding the global AI landscape requires more than just data—it requires human connection. 🤝 Our Mission: To educate people about AI and robotics. Let’s explore, learn, and collaborate for a better and safer future 🌏 #AiTourChina #HengruiPharma #Innovent #BiotechData #PharmaStocks