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Hengrui blazes trail as Chinese drugmakers aspire to go multinational

Jiangsu Hengrui Pharmaceuticals has quietly become a top 25 biopharma company in the world by market value.

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Jiangsu Hengrui Pharmaceuticals has quietly become a top 25 biopharma company in the world by market value.

Once virtually unknown outside of China, the company has made its name overseas via an R&D engine that has not only spawned over 20 approved drugs in China, but also new startups — including a billion-dollar obesity biotech — and expansive deals with Western drugmakers.

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