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Zai Lab under pressure over clinical results and rival drugs

Shares in the Chinese biopharma firm have been pounded by disappointing trial results for a cancer drug and sluggish sales of its existing products.

This article only represents the author's own views.

The “Rule of 10” is a widely accepted yardstick within the biopharma industry for the chances of commercial success.

According to the adage, it takes around 10 years and $1 billion to develop a viable innovative drug, but only around 10% of prospective products make the grade, with the rest falling by the wayside.

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咏竹坊

咏竹坊(官网链接)提供在香港和美国上市的manbetx3.0 企业相关新闻,重点关注中小企业和筹备上市的公司。

Bamboo Works (official website) provides news on Chinese companies listed in Hong Kong and the United States, with a strong focus on mid-cap and also pre-IPO companies.

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