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Biomedicine: Policy

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Biomedicine: Policy
Learn about China’s biomedical breakthroughs, from cutting-edge pharmaceuticals to life-saving research, driving global health innovation.
The latest applications come as healthcare and biotechnology equity capital market activity in Hong Kong reached US$15.6 billion last year. Illustration: Shutterstock
Banking & finance

Hong Kong attracts wave of biotech IPO filings amid AI drug research boom

More than 10 pre-profit drug developers are seeking Hong Kong listings as AI-powered biotech platforms draw growing investor interest.

Biomedicine: Companies

In a first for China, Neuracle’s brain-computer interface wins approval

Banking & finance

China investors energise Hong Kong biotech stocks. Is foreign money missing out?

Insilico

Insilico Medicine advances Middle East push with UAE AI drug discovery deal

Hong Kong-listed biotech firm’s shares jump after announcing partnership to use AI tools in drug discovery in the United Arab Emirates.

The agreement was reached during the World Health Expo in Dubai between February 9 and 12, about two weeks before the United States and Israel launched military strikes on Iran. Photo: Shutterstock
Two Sessions 2026

China and Hong Kong should relax biotech listing rules, venture capitalist says

Foreign investors are returning to China’s healthcare sector, but IPO bottlenecks and takeover rules could deter deals, VC Nisa Leung says.

Made in China 2025

China biotech outlicensing tops US$52 billion in first 2 months

The latest deals are Sino Biopharmaceutical’s partnership with France’s Sanofi and Antengene’s agreement with Belgium’s UCB.

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Two Sessions 2026

Healthcare investors looking to ‘two sessions’ for clarity on drug pricing

Healthcare and insurance sectors will see policy fine-tuning, ‘moral support’ rather than ‘groundbreaking news’ from Beijing, analysts say.

Staff members dispense medicines at a pharmacy in Wuhan, in central China’s Hubei province, on February 27, 2020. Photo: Xinhua
China’s private sector

Biomedicine | China challenges US in new drugs after industry transformation

Drug makers in China are performing cutting-edge research and licensing products to global giants after a 10-year government push supercharged the industry.

Made in China 2025

Chinese biotechs strike a record US$136 billion in out-licensing deals in 2025

Chinese drug makers signed 157 out-licensing deals with global pharmaceutical firms last year versus 94 a year earlier.

Made in China 2025

China’s new drug insurance: lifeline for patients or squeeze on big firms?

New insurance formulary trims costs of Alzheimer’s and cancer therapies and marks a small win for global novel drug makers.

The commercial insurance formulary covers some medicines that are not yet eligible for reimbursement under the country’s National Reimbursement Drug List. Photo: Shutterstock
China economy

Opinion | How China engineered the rapid rise of its drug innovation industry

A market once dominated by generics is now an AI-powered pharmaceutical hub drawing billion-dollar investments from the likes of Pfizer and GSK.

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A worker checks the position of a feeding tray in a pharmaceutical manufacturing facility at the Hengrui Biomedical Industrial Park in Lianyungang in Jiangsu province, on December 13, 2021. Photo: Getty Images
Hong Kong healthcare and hospitals

Editorial | Hospital fee reform must balance social fairness with budgetary needs

While standard X-ray services at public hospitals will remain free, the pricing overhaul must be watched closely to avoid unintended harm.

Biomedicine: Industry Trends

China’s clinical trial capacity matches US, attracts more global pharma firms

Growth of innovative clinical trials suggests that Chinese biotech firms’ pipeline of novel drug candidates is expanding, analysts say.

New medical drugs

6 of the best: the billion-dollar biotechs putting China on the map

China’s biotech renaissance is gathering pace as home-grown innovators strike billion-dollar licensing deals with global giants.

Illustration: Henry Wong
China’s private sector

‘Quantity to quality’: what China’s next 5-year plan means for foreign investors

Beijing has pledged to open up even more to foreign investment. But some officials are becoming more selective about the projects they want.

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Illustration: Brian Wang
Biomedicine: Industry Trends

China’s drug developers stretch to become a global force

Although a start-up’s recent triumph is seen as a ‘DeepSeek moment’, domestic players still trail world-beating pharma firms, experts say.

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Baidu

Baidu-backed drug discovery start-up Biomap challenges Google’s AlphaFold

Biomap expects to double its revenue this year, co-founder and CEO Wei Liu says.

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US-China tech war

Chinese 3D biomolecule imaging start-up aims for IPO in 2027

Shuimu BioSciences is the first Chinese company to develop its own cryo-electron microscopy machine, a vital tool in drug discovery.

Allen Guo Chunlong, co-founder and CEO Shuimu BioSciences. Photo: Handout
China manufacturing

China closes biotech gap with US as new drugs, pipelines top 30% of global total

Beijing has ramped up support for the bioeconomy with a five-year plan aimed at making the country a global leader by 2035.

Biomedicine: Companies

China’s biomedicine sector takes off

China’s novel drug industry is experiencing a meteoric rise, fuelled by the increased development of new medicines and the prospect of many patents expiring.

Hong Kong economy

Opinion | How Hong Kong can lead in patient-focused ethical AI healthcare

AI can improve disease detection, surgery accuracy and data management but healthcare professionals can do a lot of good that AI cannot.

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Illustration: Stephen Case
Biomedicine: Companies

Hong Kong firms eye Chinese medicine opportunities on the mainland: HKTDC

Hong Kong Trade Development Council says streamlined procedures opened a more convenient channel for companies to expand into the mainland.

Test samples in a lab at the Macau University of Science and Technology. Photo: Edmond So
China manufacturing

China approving innovative drugs at record pace, shifting momentum from West

‘If we’re not careful, every drug could be made in China,’ warned former head of US Food and Drug Administration in May.

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Biomedicine: Companies

China’s plan to boost drug coverage no ‘magic wand’: analysts

Drug companies will be eager to have their products approved, but insurers will struggle to offer attractive coverage, analysts say.

Biomedicine: Companies

CUHK start-ups eye silver economy’s need for ‘wearable robotics’

Start-ups seek to enter the growing markets for elderly care and rehabilitation by selling their ‘wearable robotics’ technologies.

RT HealthTech co-founder Raymond Tong Kai-yu. Photo: Jonathan Wong
China's economic recovery

Explainer | Why is Xi turning to the ocean for China’s growth – and who benefits?

Beijing eyes ocean-driven growth, as Chinese leader pledges more support for offshore sectors like wind power, shipping and marine biotech.

This aerial photo shows the view of a marine farm in Jianggezhuang township in Laoting county, North China’s Hebei province, on July 17, 2023. Photo: Xinhua
Artificial intelligence

XPrize founder Diamandis projects hope for AI, biotech amid US-China tech war

The entrepreneur says biotech should be less contentious than AI, as a breakthrough in Beijing is just as usable in Boston.

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Biomedicine: Companies

Big Chinese pharma can beat Trump’s policies with cost efficiencies: analysts

Trump seeks to slash domestic drug prices, bring back pharmaceutical manufacturing to the US and slap tariffs on imports.

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