After enduring the chill of a prolonged capital winter, China's drugmakers have begun to feel a thawing breeze.
Sales of drug rights and M&A transactions help offset investment slump

In 2023, the number of China’s outbound deals involving rights for treatments exceeded the number of inbound deals for the first time.
After enduring the chill of a prolonged capital winter, China's drugmakers have begun to feel a thawing breeze.