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Reinventing your China strategy: A podcast preview of the China Healthcare Summit 

Geopolitics, cash crunch change the game for cross-border innovators, compelling biopharmas to renew their BD, financing strategies

October 24, 2024 12:06 AM UTC

Cross-border geopolitical tensions and a prolonged capital crunch are compelling biopharma companies from Beijing to Boston to rethink their strategies on everything from deal-making and raising capital to manufacturing and use of CROs. 

On a special edition of the BioCentury This Week podcast, McKinsey’s Franck Le Deu and Wendy Pan of BayHelix and Goodwin join BioCentury on the eve of next week’s eleventh annual BioCentury-BayHelix China Healthcare Summit in Shanghai to discuss the dynamics affecting biotechs in China looking beyond the country’s borders and Western biopharma companies seeking innovation and partners in China, as well as the latest trends, such as U.S. VCs and/or management teams building newcos around China assets. They also detail highlights among the three-day event’s speakers, panels and fireside chats.

Pan is the chair of BayHelix and a partner at Goodwin, where she leads the Asia life sciences practice. Le Deu is a senior partner at McKinsey & Co., where he co-leads the firm’s Asia healthcare practice. 

The BioCentury-BayHelix China Healthcare Summit will take place Oct. 30 through Nov. 1 at the St. Regis Shanghai Jian in Shanghai. For information on registering to attend and/or becoming a presenting company, click here.