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AstraZeneca, Merck, Novo deals boost Chinese biotech as global interest grows
South China Morning Post
September 29, 2026
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Shares of Akeso surged after British drug maker AstraZeneca moved to advance the Chinese biotech firm’s flagship cancer drug, while a new deal from US giant Merck further underscored the sector’s global momentum amid easing fears of US curbs. AstraZeneca on Tuesday announced a US$2 billion equity in
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