China's biotech having its 'DeepSeek' moment amid big pharma M&A spree: ORI Capital founder

China's biotech having its 'DeepSeek' moment amid big pharma M&A spree: ORI Capital founder

Simone Song, founder and senior partner of venture capital firm ORI Capital. Image courtesy of ORI Capital.

Global pharma giant Pfizer’s recent announcement of a record $1.25-billion upfront payment to buy the exclusive global license of Hong Kong-listed 3SBio’s cancer drug underscores the growing momentum displayed by big pharma towards investments in Chinese biotech assets. 

Edited by: Padma Priya

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