China's biotechnology sector is experiencing a shortage of laboratory monkeys and other primates, driven by increased demand for drug testing. This scarcity is impacting the growth of the sector, as evidenced by rising prices for these animals. The demand surge is linked to a recovery in fundraising and out-licensing deals for Chinese drug candidates. AI
RANK_REASON Significant industry move below paradigm-shift level: major investment/funding round, new legislation, or dedicated hardware launch. [lever_c_demoted from significant: ic=1 ai=0.1]
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