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South China Morning Post
South China Morning Post
AsiaPac · 3 hrs ago
75◉ Centre
Chinese pharmaceutical firms’ cost advantages trump Pentagon blacklist: analysts
75Quality
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AI Analysis
Quality 75/100
Partisan intensity 35/100
ObjectivePartisan
◉ Centre ✓ Fair headline

The Pentagon added Chinese pharmaceutical firm WuXi AppTec to a military-linked blacklist, but analysts say multinational drug makers will likely continue collaborating with Chinese biopharmaceutical companies due to cost advantages.

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Chinese pharmaceutical firms’ cost advantages trump Pentagon blacklist: analysts
The Pentagon added Chinese pharmaceutical contractor WuXi AppTec to a list of entities it alleges are linked to the country’s military, but the blacklisting will not stop multinational drug makers from collaborating with China’s biopharmaceutical firms, according to analysts. “We view minimal impact given multinational [companies] in pharma still prefer made-in-China for cost efficiency,” said Cui Cui, head of healthcare research for Asia at Jefferies. “Meanwhile, Wuxi AppTec earnings visibility
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