Daily BriefsECM

Daily Brief ECM: China Healthcare Weekly (May 25) – Pfizer-3SBio’s Record-Breaking Deal and more

In today’s briefing:

  • China Healthcare Weekly (May 25) – Pfizer-3SBio’s Record-Breaking Deal, RemeGen’s HK$796Mn Placing


China Healthcare Weekly (May 25) – Pfizer-3SBio’s Record-Breaking Deal, RemeGen’s HK$796Mn Placing

By Xinyao (Criss) Wang

  • The 11th batch of national VBP rules is expected to include optimizations aimed at balancing bidding prices with drug quality
  • The US$6 billion deal between Pfizer and 3SBio has energized the innovative drug industry. While 3SBio’s valuation may continue to rise, Akeso’s valuation could face downward revisions.
  • RemeGen has shown positive momentum, with its valuation reflecting RC18’s successful out-licensing already. Its recent HK$796 million placement indicates a clear intent to raise funds at a premium.

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