Skip to main content

ADVERTISEMENT

U.S. pharma bets big on China to snap up potential blockbuster drugs

Published: June 16, 2025 at 8:26AM EDT

U.S. drugmakers are licensing molecules from China for potential new medicines at an accelerating pace, according to new data, betting they can turn upfront payments of as little as US$80 million into multibillion-dollar treatments.. Photographer: Carsten Snejbjerg/Bloomberg (Carsten Snejbjerg/Bloomberg)

‘Violent’ crime group linked to extortion attempts and dozens of staged collisions in GTA, police say

‘Violent’ crime group linked to extortion attempts and dozens of staged collisions in GTA, police say

What a retail analyst thinks about Walmart Canada lowering prices for hundreds of items

What a retail analyst thinks about Walmart Canada lowering prices for hundreds of items

B.C. landlord ordered to return damage deposit to tenant who never moved in

B.C. landlord ordered to return damage deposit to tenant who never moved in

Police seek witnesses after ‘potentially life-altering’ crash in North Vancouver

Police seek witnesses after ‘potentially life-altering’ crash in North Vancouver

Calgary pharmacists speak out against restricted access to COVID-19 vaccine

Calgary pharmacists speak out against restricted access to COVID-19 vaccine

‘I’m devastated’: Calgary skaters react to partial closure of downtown park for Stampede festival

‘I’m devastated’: Calgary skaters react to partial closure of downtown park for Stampede festival

Former DND building being demolished in downtown Ottawa for new high-rise

Former DND building being demolished in downtown Ottawa for new high-rise

Here’s what you need to know about the Canada Strong Pass in Ottawa and eastern Ontario

Here’s what you need to know about the Canada Strong Pass in Ottawa and eastern Ontario

Montreal West Island mayor ‘distressed’ by decision not to lay charges against officers who shot father and son

Montreal West Island mayor ‘distressed’ by decision not to lay charges against officers who shot father and son

Condo towers to go up around Montreal heritage building in the Plateau

Condo towers to go up around Montreal heritage building in the Plateau

Edmonton keeping eye out for ‘relentless killer’ in tree canopy

Edmonton keeping eye out for ‘relentless killer’ in tree canopy

Rain calms central Alberta wildfires, doesn’t hit north or south

Rain calms central Alberta wildfires, doesn’t hit north or south

Defence lawyer tries to poke holes in Crown’s case, asks jury to find Adam Drake not guilty

Defence lawyer tries to poke holes in Crown’s case, asks jury to find Adam Drake not guilty

New Brunswick town ‘heartbroken’ after child, 3, dies at race track

New Brunswick town ‘heartbroken’ after child, 3, dies at race track

New teams to tackle local problems in Winnipeg neighbourhoods

New teams to tackle local problems in Winnipeg neighbourhoods

Child sex charges stayed against Manitoba First Nation chief

Child sex charges stayed against Manitoba First Nation chief

Saskatchewan premier says he can ‘get behind’ Ottawa’s energy superpower vision

Saskatchewan premier says he can ‘get behind’ Ottawa’s energy superpower vision

Regina resident among 241 passengers killed in Air India crash

Regina resident among 241 passengers killed in Air India crash

Motorcyclist who fled police while wearing ‘come get me’ sweater arrested

Motorcyclist who fled police while wearing ‘come get me’ sweater arrested

Man, 40, charged following investigation into ‘unlawful after-hours’ establishment

Man, 40, charged following investigation into ‘unlawful after-hours’ establishment

Sentence delayed for Saskatoon priest convicted of sexually assaulting 13-year-old girl

Sentence delayed for Saskatoon priest convicted of sexually assaulting 13-year-old girl

Full scale of wildfire damages in Sask. becoming clearer, as 350 structures now confirmed destroyed

Full scale of wildfire damages in Sask. becoming clearer, as 350 structures now confirmed destroyed

Sudbury murder suspect arrested with loaded gun, two others still at large

Sudbury murder suspect arrested with loaded gun, two others still at large

Violent crime down in Sudbury in 2024, robberies increase

Violent crime down in Sudbury in 2024, robberies increase

Thames Valley School Board cuts dozens of jobs at board office

Thames Valley School Board cuts dozens of jobs at board office

Warm temperatures continue into the evening

Warm temperatures continue into the evening

Barrie senior scammed out of $725,000 in elaborate scheme with a gold twist

Barrie senior scammed out of $725,000 in elaborate scheme with a gold twist

They slither in silence and drape trees in silk, tent caterpillars are back

They slither in silence and drape trees in silk, tent caterpillars are back

Big-budget projects getting set to open

Big-budget projects getting set to open

‘We’re still camp, we’re still fun’: Windsor camps prep with safety in mind

‘We’re still camp, we’re still fun’: Windsor camps prep with safety in mind

New medical clinic, 10 doctors coming to Langford

New medical clinic, 10 doctors coming to Langford

Where does the ‘Canada Strong Pass’ apply in B.C.?

Where does the ‘Canada Strong Pass’ apply in B.C.?

Alberta reports 53 more cases of measles, surpasses 900 total cases since March

Alberta reports 53 more cases of measles, surpasses 900 total cases since March

B.C. Opposition Leader John Rustad accuses former Conservative MLAs of blackmail

B.C. Opposition Leader John Rustad accuses former Conservative MLAs of blackmail

Video captures Italy’s Meloni rolling her eyes in off-mic moment with France’s Macron at G7 summit

Video captures Italy’s Meloni rolling her eyes in off-mic moment with France’s Macron at G7 summit

Trump mulls extending travel ban to 36 more nations: source

Trump mulls extending travel ban to 36 more nations: source

Trump to return to U.S. early from G7 summit for ‘important matters’. Live updates here.

Canada ‘just going to have to take it one step at a time’ with Trump: Hillman

Trump signals trade deal with Carney achievable as two leaders meet at G7

‘Maximum economic pain’: Oil prices could skyrocket if Iran-Israel attacks escalates, expert says

Trump family in phone service licensing deal, touts a US$499 device

Warner Bros Discovery bondholders approve plan to split the company

A father’s poor mental health may harm his children’s development, study finds

Canadian gynecologists group issues new guidelines for caring for miscarriage patients

Hey, dads: Your mental health likely plays a role in your child’s development, study finds

Doctor who helped supply Matthew Perry ketamine will plead guilty to drug charges

Bruce Willis’ family share poignant messages about dads ‘living with disability or disease’

Pope Leo XIV holds an audience with Al Pacino

Hockey Canada names six players to preliminary men’s roster for 2026 Milan Olympics

Lewis Hamilton devastated after running over groundhog

Inquiries say social media fuelled violence after a Maccabi-Ajax soccer match

Northern U.S. states try to woo travellers with ‘Canadians-only’ deals amid faltering cross-border tourism

‘I was free to recreate myself’: This American woman says that relocating to France at the age of 80 saved her life

Dreaming of a lakeside cottage but can’t afford it? Co-ownership could open that door

Climate & Environment

Study finds planetary waves linked to wild summer weather have tripled since 1950

Rescuers still pulling bodies out of the water as death toll in South Africa floods reaches 86

Earthquakes damage centuries-old monasteries in a secluded religious community in Greece

Rare find: Remains of large, shortfin mako shark found in eastern Nova Scotia

Denmark tests unmanned robotic sailboat fleet with tensions high in the region

A look at the first artificial solar eclipses created by two European satellites

Mazda recall: Battery issue may deactivate airbags on 170,000 vehicles

Investors dump Tesla on bet Trump may lash out at Musk through his car company

Ford Explorer recall: 23,000 SUVs pulled over risk of detaching parts

World leaders in Alberta for G7 summit

Iranian nuclear facilities before and after Israel’s strikes

New list reveals top 100 restaurants for outdoor dining

The Shopping Trends team is independent of the journalists at CTV News. We may earn a commission when you use our links to shop. Read about us.