Recently, capital risk appetite has declined, market fluctuations have increased significantly, and growth tracks such as innovative drugs have undergone major adjustments. In this context, a number of public funds and foreign-funded institutions have intensively gone south to continue to lay out leading stocks in innovative pharmaceuticals. A number of fund managers also emphasized in the recent three-quarter report that the next few years may be an important stage in reading out key clinical data for innovative drugs in China, promoting overseas licensing, and realizing commercial value.

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