The next tech war? Why biotech may become a new US-China battleground
The United States and China are on the verge of a new technological conflict, with biotechnology emerging as a potential focal point. Despite US pharmaceutical companies seeking drug candidates from China's burgeoning biotech sector, concerns are rising in Washington about the increasing flow of US capital into Chinese firms. This trend, evidenced by record-breaking cross-border licensing deals, is seen as fueling China's advancement in the pharmaceutical value chain, prompting calls for tighter controls. AI
IMPACT Geopolitical tensions in biotech could impact global R&D collaboration and supply chains, potentially affecting AI's role in drug discovery.