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China’s drug industry pivots to AI-powered candidates to drive next wave of deals

South China Morning Post 13 July 2026 12h ago
China’s drug industry pivots to AI-powered candidates to drive next wave of deals
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After China’s cross-border deals for innovative drugs hit a record US$110 billion in the first half of 2026, the sector is now pivoting towards artificial intelligence-powered candidates to drive the next wave of transactions. China accounted for about 30 per cent of all new drugs currently under development worldwide, ranking second globally, according to Lan Gongtao, deputy director general of t
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