China Biotech Outlicensing Surges to Record as Multinationals Chase Innovative Drug Pipelines
According to the source, Chinese biotech firms’ cross-border outlicensing reached a record US$60 billion in Q1 2026, up 73% year on year. The surge highlights growing multinational appetite for China-origin innovative drug candidates and a deepening integration of China’s biotech sector into global pharma dealmaking.