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US-China biotech rivalry looms amid record deal-making

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.

RANK_REASON The cluster discusses potential geopolitical conflict and significant capital flows between major global powers in a key technological sector. [lever_c_demoted from significant: ic=1 ai=0.4]

Read on SCMP — Tech →

AI-generated summary · Google Gemini · from 1 sources. How we write summaries →

US-China biotech rivalry looms amid record deal-making

COVERAGE [1]

  1. SCMP — Tech TIER_1 English(EN) · Yeon Woo Lee ·

    The next tech war? Why biotech may become a new US-China battleground

    The wide-ranging geopolitical rivalry between Beijing and Washington could soon expand into biotechnology, raising the prospect of fresh tensions even as American pharmaceutical firms have turned to China’s fast-growing industry for new drug candidates. Biotech in the world’s sec…