Western Biotech’s “DeepSeek Moment” – China’s Rise in Pharma Innovation.
A WSJ artivcle >>> https://lnkd.in/eSua5PBt The WSJ article opens with how Summit Therapeutics’ cancer drug, licensed from China’s Akeso, outperformed Merck’s $30B Keytruda. But apparently this isn't all that special — Chinese companies now account for 31% of major pharma licensing deals, up from just 5% in 2020. Why Chinese Biotech Is Winning ✅ Lower costs & streamlined clinical trials ✅ Lean operations with minimal bureaucracy ✅ Better drug candidates at lower prices ✅ Faster R&D with Wuxi and other CDMOs driving efficiency Source: Rui Ma 马睿 on X, WSJ
*TRUMP: WILL ANNOUNCE 25% TARIFFS ON STEEL, ALUMINUM MONDAY The largest exporter of steel & aluminum to the US? canada followed by mexico
What happened to the 30 day moratorium on tariffs from Canada & Mexico? Source: Vic_Turbendian
Trade Policy Uncertainty Index hits 2nd highest level in AT LEAST the last 25 years
source : barchart
The chart below - courtesy of LSEG - explains why canada and mexico both "kiss the ring" yesterday...
Source: LSEG Datastream
Great visual representation of tariffs impact on US states
By The World in Maps thru Tom Keene thru Joumanna Bercetche
G7 vs. BRICS - Global GDP
Source: Barchart, Visual Capitalist
Elon Musk just shared his thoughts on the TikTok ban
Source: Evan
An update on Germany snap election:
the conservative support has slipped below 30% ahead of the February election. Friedrich Merz’s center-right CDU/CSU alliance leads with 29% in the latest Insa survey, down one point from last week. The AfD also dropped by one point to 21%, while support for Chancellor Olaf Scholz’s Social Democrats (SPD) and the Greens remains steady at 16% and 13%, respectively. 👉 As it stands, a so-called grand coalition between the CDU/CSU and SPD appears to be the most likely outcome Source: HolgerZ, Bloomberg
