Revealed: global funds, from BlackRock to Temasek, back China’s largest biotech firms

    Revealed: global funds, from BlackRock to Temasek, back China’s largest biotech firms

    As Chinese biotech and pharmaceutical firms gain importance on the global stage, foreign investors from sovereign wealth funds to industry players are securing strategic stakes in their future success. International institutional investors have built up significant positions in Chinese biotech firms over the past decade. These positions often approach, and in some cases exceed, the…

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    Innovent, BeOne are poised for profits in 2025, in milestone for Chinese biotech start-ups

    Innovent, BeOne are poised for profits in 2025, in milestone for Chinese biotech start-ups

    A pair of Hong Kong-listed mainland Chinese biotechnology firms are poised to turn a profit this year as their revenue from novel drugs finally outstrips costs related to research and development and marketing, according to analysts. “Chinese biotechs have matured significantly and are creating value for Chinese patients and government payers,” said Tony Ren, head…

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