Most Favored Nation drug pricing could put China on top

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China’s biotech sector is rapidly becoming a global innovation powerhouse. In oncology alone, Chinese licensing deals reached $30 billion in 2024—triple the United States’ output. Nearly a third of the world’s clinical trials now take place in China.

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John Stanford, MEd
Founder and executive director, Incubate
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John Stanford, MEd
Founder and executive director, Incubate

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