Health Monitor

China’s All-Out Push to Overtake US in Drug Development

Using AI and DNA from 33,000 children.
A technician in a production laboratory for cell therapies in Nanjing, China.Photographer: Qilai Shen/Bloomberg
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Earnings are starting to roll in, with drugmakers posting big gains on treatments for cancer, Alzheimer’s disease and psoriasis. But European access to new medicines is on the decline. Hospitals and some insurers are also starting to suffer as US cost-cutting efforts start to pinch.