25 h. ago China’s pharmaceutical sector moves into the big leagues as a global innovation powerhouse

China is gaining a solid reputation as a pharmaceutical innovation hub, shifting from a copycat drug maker to one whose infrastructure and research and development capabilities rival global pharmaceutical behemoths, according to a global consultancy. US-based SAI MedPartners and its unit Idea Pharma recently launched a new index with the aim of highlighting Chinese drug makers and recognising their shift from generics to “true” innovation. The consultancy released the China Pharmaceutical...

Politics

25 h. ago China’s pharmaceutical industry transforms into a global innovation powerhouse

China’s pharmaceutical industry transforms into a global innovation powerhouse  South China Morning Post

Politics

26 h. ago Can rising lithium costs save China’s energy storage firms from a brutal price war?

China’s energy storage firms, battered by a three-year price war, have been jolted by lithium battery maker Deegares, which has announced plans to raise prices by 15 per cent, a move that is sparking debate over whether the sector could be the first to break free from the “involution” cycle. Rising lithium costs were the immediate trigger, with at least three other battery makers reported in recent weeks to be planning similar increases. Prices of the metal, crucial to rechargeable batteries,...

Economics

41 h. ago As trade deficit mounts, is EU offering China what it wants to buy?

Facing an ever-increasing trade deficit with China, Europe has limited options to balance the situation in the short term even though it still holds an edge in key sectors including pharmaceuticals, machinery and components, analysts said. China’s global trade surplus hit an all-time high of US$1.076 trillion in the first 11 months of this year, despite a decline in exports to the United States following US President Donald Trump’s imposition of steep tariffs. A lot of China’s redirected exports...

Politics

45 h. ago China offers ‘wonderful opportunity’ for scientists, says leading European neurologist

China is emerging as a rising powerhouse for scientific innovation at a time when scientific research in the United States faces growing funding instability, according to Belgian neurologist Steven Laureys. Laureys, a pioneer in detecting hidden awareness in patients with severe brain injuries, is expanding his global research network to China, working with Hangzhou Normal University. “There’s a wonderful opportunity for me to work with China. And I’m very happy that China is investing in...

Politics

45 h. ago China offers ‘wonderful opportunity’ for scientists, leading European neurologist says

China is emerging as a rising powerhouse for scientific innovation at a time when scientific research in the United States faces growing funding instability, according to Belgian neurologist Steven Laureys. Laureys, a pioneer in detecting hidden awareness in patients with severe brain injuries, is expanding his global research network to China, working with Hangzhou Normal University. “There’s a wonderful opportunity for me to work with China. And I’m very happy that China is investing in...

Politics

3 d. ago China’s new drug insurance: lifeline for patients or squeeze on big pharmaceutical firms?

Mainland China’s 17 million Alzheimer’s patients can, for the first time, pay less out of pocket for a costly drug touted as “historic” and “the beginning of the end” for the memory-robbing disease after Beijing launched a commercial insurance innovative drug list in an effort to make medicines more accessible and affordable. Leqembi, developed by Japan’s Eisai and costing a mainland Chinese patient about US$28,400 a year, could see its price cut by half after it was added to the inaugural...

Events

4 d. ago Chinese fintech giant Ant upgrades AI health app to tap booming eldercare, wellness demand

Chinese fintech giant Ant Group has pressed ahead with its strategic move into the fast-growing healthcare sector with a major upgrade to its artificial intelligence health app AQ, positioning the platform to work like a fitness companion or a family doctor. The new features included integration of records from smart devices made by Apple, Huawei and Omron, among others, as well as the creation of health profiles for family members, the company announced on Monday. Ant is the fintech affiliate...

Science

2 w. ago How China went from generic drug factory to biomedicine innovator

China’s pharmaceutical industry is on the brink of enormous growth and transformation. In just a few years, it has moved on from being the world’s cheapest source of active pharmaceutical ingredients to becoming a major hub for pharmaceutical innovation – a place where new, more effective drugs are born. It is now the second-largest developer of drugs, trailing only the United States. In the global drug development pipeline, China’s growth rate is phenomenal, leaping from 3 per cent in 2013 to...

Events

2 w. ago How China engineered the rapid rise of its drug innovation industry

China’s pharmaceutical industry is on the brink of enormous growth and transformation. In just a few years, it has moved on from being the world’s cheapest source of active pharmaceutical ingredients to becoming a major hub for pharmaceutical innovation – a place where new, more effective drugs are born. It is now the second-largest developer of drugs, trailing only the United States. In the global drug development pipeline, China’s growth rate is phenomenal, leaping from 3 per cent in 2013 to...

Events