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The BioCentury ShowAuthor: BioCentury
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Ep. 94 - Frazier's James Li on China’s Rapidly Evolving Biotech Deal Landscape
Episode 94
Friday, 3 October, 2025
The frenzy among Western companies to access China’s biotechnology innovation is remaking the landscape for cross-border dealmaking, with assets becoming more expensive and partnerships earlier and broader than ever before. That’s being driven by exceptional capital efficiency, access to patients and speed of development, said Frazier Life Sciences’ James Li on The BioCentury Show podcast.Among multinational companies, “every company has an army on the ground hunting for assets,” said Li, who has more than 30 years of biotech experience, as an investor, company builder and executive at an MNC and a biotech.View full story: https://www.biocentury.com/article/657156#ChinaBiotech #Biopharma #CrossBorderDeals #LifeSciences #DrugDevelopment #HealthcareInnovation #BiotechInvesting00:00 - Introduction 02:18 - Evolution of an Ecosystem 04:31 - NewCo Deals 10:30 - Japan, Korea 15:30 - Dealmaking