$Pfizer (PFE.US)$ [Share Link:       对话辉瑞中国区总裁：未来五年将在中国投资10亿...

Pfizer plans to invest $1 billion in China from 2025 to 2030, the company’s China president, Jean-Christophe Pointeau, told reporters during the ongoing China International Import Expo in Shanghai, multiple local media outlets report. The investment will help accelerate the introduction of new drugs, improve diagnostic capabilities and support the local biotech industry through collaborations. As a first step, Pfizer signed (Chinese) a memorandum of understanding with local firm Mabworks and the CRO Kyinno Bio to develop novel therapies for multiple myeloma.