Bristol Myers Squibb turns to China to develop new drugs in newest cross-continent collaboration
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Source: CNBC
Published: 2026-05-16 01:04 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Health, Asia, China, Drugs, Business & Economy, Asia Pacific
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Snippet:
One of America's largest pharmaceutical companies this week said it will partner with a Chinese drugmaker to test some of its experimental drugs and discover new ones, a deal that could mark the next phase of coordination across continents. Bristol Myers Squibb on Tuesday announced the potential multi-billion dollar partnership with one of China's top drugmakers, Hengrui Pharma.
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