Shanghai 'Science City' conference showcases China's ascendant biotech sector

A small conference in Shanghai's 'Science City' highlights the rapid growth of Chinese biotech firms, which are increasingly pitching to global partners. The event invites comparisons to a major U.S. biotech gathering known for deal-making, signaling China's rising ambition in the sector. The development underscores China's push to become a global biotech hub, though the scale of actual deal flow remains to be seen.