Business

Big Pharma Seeks Innovation in China Amid Patent Cliff

Updated 2026-10-02 11:25 UTC 1 source Neutral

Western biopharma companies are increasingly sourcing innovation from China as the patent cliff looms, driving multibillion-dollar deals. This shift is driven by the need to find new drugs and avoid the financial impact of expiring patents.

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CNBC
Western biopharma companies are increasingly turning to China to source innovation, as pharma's dreaded "patent cliff" draws closer.
2026-10-02 11:18 UTC
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