Are Pharma Firms ‘Selling Young Seedlings’ Undervaluing Their Assets? A Veteran Lawyer Unpacks the Hidden Power Plays Behind Innovative Drug BD Deals
Yiming Liu, partner in charge of Cooley’s Shanghai office, was featured in a National Business Daily article about the complex dynamics behind business development (BD) transactions in China’s innovative pharmaceutical sector. The article highlights how initial public offering readiness and BD strategy have become increasingly intertwined, with Liu emphasizing the importance of deal structure, partner diligence obligations and long-term value alignment in ensuring success.
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