🌍 World 1d ago · Julie Zhang

Funding option: royalties giant opens Hong Kong base as mainland China biotech deals surge

South China Morning Post World
Hong Kong perspective
View Channel →
Funding option: royalties giant opens Hong Kong base as mainland China biotech deals surge
Source ↗ 👁 0 💬 0
The world’s largest buyer of biopharmaceutical royalties has set up its first Asia-Pacific base in Hong Kong, joining a string of multinational corporations in the pharmaceutical sector establishing offices in the city as out-licensing deals by mainland Chinese biotechnology firms hit record highs.
Royalty financing gives drug developers an alternative way to raise capital even as US investment restrictions loom, according to an expert.
“Chinese biotech firms would need royalty financing as an..

Comments (0)

Sign in to join the discussion

More Like This

📰
Anti-migrant politics spark resurgence of racism, say some Britons of colour
The Straits Times World News · 1d ago
📰
US govt pays energy firm $167m to halt offshore wind farm in latest such deal
The Straits Times World News · 1d ago
📰
Iran prepares largest state funeral in history for slain Ayatollah Ali Khamenei
News | Euronews RSS · 1d ago
Ex-opposition lawmaker Wu Chi-wai released after serving time for subversion
Hong Kong - South China Morning Post · 1d ago
UK asylum seekers could have to pay government $13K before applying for settlement
Latest World News on Fox News · 1d ago
How the heatwave crippled Europe (PHOTOS, VIDEOS)
RT World News · 1d ago