Opportunities Amid Crisis: Junshi, Allist Look To Expand Pipelines Through Alliances, M&A

Against the prevailing headwinds in the biotech sector, two Chinese firms are bucking the trend of pipeline reorganization by eyeing the potential acquisition of assets from external partners to expand into more modalities and therapeutic areas.

acquisition deal
Junshi and Allist are pushing ahead with investment and acquisition plans for 2023 amid a challenging market • Source: Shutterstock

Two Chinese biopharma companies have recently aired their intentions to take stakes in or even acquire some of their peers in a bid to expand their pipelines, despite the ongoing general downturn in the sector.

Hong Kong- and Shanghai-listed Shanghai Junshi Biosciences Co., Ltd. stated in its 2022 annual report that it would selectively...

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