You’ve heard about Chinese EVs. You’ve heard about Chinese batteries and solar panels. And recently you learned that China is near the cutting edge of AI research. Here’s another category: biotech. In 2019, the Chinese share of molecules licensed to Big Pharma companies was 0%. In 2024, it’s now 31%. On this episode we speak with Tim Opler, a biotech industry investment banker at Stifel. He explains how this industry has taken off in such a short period of time. Among the factors he cites: a generation of Chinese research scientists working in the US who hit a ceiling in terms of promotion and thus went back home to start companies. It’s also far cheaper to run clinical trials in China, due to the structure of the healthcare system. We also talk about the broad history of the pharmaceutical industry, how it’s evolved, and what impact, if any, AI will have on drug discovery.

Read More:
Former J&J Scientist Bets on China Biotech
Chinese Health Stocks Surge on DeepSeek Integration Potential

Odd Lots is coming to Washington, DC! Get your tickets for our Jones Act debate here.

You&rsquo;ve heard about Chinese EVs. You&rsquo;ve heard about Chinese batteries and solar panels. And recently you learned that China is near the cutting edge of AI research. Here&rsquo;s another category: biotech. In 2019, the Chinese share of molecules licensed to Big Pharma companies was 0%. In 2024, it&rsquo;s now 31%. On this episode we speak with Tim Opler, a biotech industry investment banker at Stifel. He explains how this industry has taken off in such a short period of time. Among the factors he cites: a generation of Chinese research scientists working in the US who hit a ceiling in terms of promotion and thus went back home to start companies. It&rsquo;s also far cheaper to run clinical trials in China, due to the structure of the healthcare system. We also talk about the broad history of the pharmaceutical industry, how it&rsquo;s evolved, and what impact, if any, AI will have on drug discovery. Read More: <a href="https://bloom.bg/41MtG9V">Former J&amp;J Scientist Bets on China Biotech</a> <a href="https://bloom.bg/3Do8TjC">Chinese Health Stocks Surge on DeepSeek Integration Potential</a> Odd Lots is coming to Washington, DC! <a href="https://events.bloomberglive.com/oddlotsliveDC">Get your tickets for our Jones Act debate here.</a>

Bloomberg's Joe Weisenthal and Tracy Alloway explore the most interesting topics in finance, markets and economics. Join the conversation every Monday and Thursday.

Bloomberg's Joe Weisenthal and Tracy Alloway explore the most interesting topics in finance, markets and economics. Join the conversation every Monday and Thursday.

Bloomberg's Joe Weisenthal and Tracy Alloway analyze the weird patterns, the complex issues and the newest market crazes. Join the conversation every Tuesday and Thursday for interviews with the most interesting minds in finance, economics and markets.

Odd Lots

On Bloomberg’s Odd Lots podcast Joe Weisenthal and Tracy Alloway explore the most interesting topics in finance, markets, and economics. Join the conversation every Monday and Thursday. 

On Bloomberg’s Odd Lots podcast Joe Weisenthal and Tracy Alloway explore the most interesting topics in finance, markets, and economics. Join the conversation every Monday and Thursday.

Here Comes the Booming Chinese Biotech Sector

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/c07bc67f-dd41-4d55-8854-b2990113f363/transcript

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