Princeton, NJ — US-China Biopharma

Catalyzing US‑China
Biotech & Pharma Partnerships

BioRich International connects leading pharmaceutical companies and biotech innovators across the US-China corridor — facilitating licensing deals, capital connections, and R&D collaboration.

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Chinese Clients
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Years of Experience
About BioRich

A Trusted Partner at the
Intersection of East and West

Founded by John Xu, MD, MBA, MS — with over 30 years of experience at Bristol Myers Squibb, Wyeth, WuXi AppTec, and CrownBio — BioRich International operates at the nexus of US and Chinese biopharma. We bridge the information, relationship, and cultural gaps that prevent high-potential deals from closing.

Our network encompasses 250+ Chinese biotech clients, direct relationships with BD&L leadership at 25+ multinational corporations, and active engagement with more than 10 US venture capital firms.

Meet our leadership
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The biggest obstacle to deal-making is not interest or capital — it is information asymmetry. BioLink Weekly exists to close that gap.

John Xu, MD, MBA, MS

Founder & President, BioRich International

BioLink Weekly

Intelligence for US-China Biopharma Dealmakers

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Issue 20August 25, 2026

US Dealmaking Stays Hot into Late August: BioMarin Buys Alesta for up to $490M, Sandoz Expands Its Shanghai Henlius Pact to up to 10 Biosimilars ($322M China-Out), and Merck-Moderna's mRNA Cancer Vaccine Clears Phase 3

US dealmaking stayed hot in the third week of August: BioMarin agreed to buy Alesta for up to $490M for an oral hypophosphatasia drug, while Sandoz widened its Shanghai Henlius biosimilar collaboration to as many as 10 products (up to $322M) - the week's clearest China-out signing. On the science side, Merck and Moderna's personalized mRNA cancer vaccine intismeran autogene became the first to clear a Phase 3 (in resected melanoma), Amylyx's avexitide hit in post-bariatric hypoglycemia, and AstraZeneca halted a volrustomig first-line lung-cancer Phase 3.

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Issue 19August 18, 2026

China-Out Licensing Reawakens as Almirall Taps Shenzhen's CrystalO for Dermatology, US Reverse-Mergers Return, and Ivonescimab Lands a Landmark China Approval

China-out partnering stirred again as Almirall licensed ex-China rights to Shenzhen-based CrystalO's ion-channel dermatology programs (announced Aug 10), while US dealmaking leaned on structure - Fulcrum and Slate agreed an all-stock reverse merger with a concurrent $245M financing, and PTC bought Sangamo's BLA-stage Fabry gene therapy ST-920 out of bankruptcy for $111M upfront. On the science side, China's NMPA approved Akeso's PD-1/VEGF bispecific ivonescimab in first-line squamous NSCLC, argenx's efgartigimod cleared Phase 3 ALKIVIA in autoimmune myositis, and Cullinan's zipalertinib hit its Phase 3 PFS endpoint in EGFR exon 20 NSCLC.

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Issue 18August 11, 2026

US Dealmaking Runs Hot as China-Out Licensing Pauses: Jazz Buys Actio for up to $1.3B, Biogen Closes an up-to-$1B RayThera Immunology Deal, and the AstraZeneca-BMS Mega-Merger Is Denied

US M&A carried the week - Jazz agreed to buy epilepsy biotech Actio Biosciences for up to $1.3B, Biogen closed its up-to-$1B RayThera immunology acquisition, and argenx opened its tender offer for vitiligo player Forte - while verified China-out licensing paused for a second week and Reuters reported there is no AstraZeneca-Bristol Myers merger after all. On the science side, MoonLake's IL-17 Nanobody sonelokimab cleared Phase 3 in psoriatic arthritis and Rhythm's MC4R agonist RM-718 posted an early obesity signal, while Tenax's oral levosimendan missed in PH-HFpEF.

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