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Pfizer licenses Chinese cancer drug
semafor.com/article/05/20/2025/pfizer-licenses-chinese-cancer-drug
The News
Pfizer licensed a new Chinese cancer drug for $1.25 billion, a sign of Chinese biotech’s steady move from imitator to innovator.
The treatment, made by Shenyang-based 3SBio, is being tested on several tumor types: The company’s shares leapt 52% on the deal, which it hopes will…
This story appeared on semafor.com, 2025-05-20 11:03:02.