BioCentury
ARTICLE | Deals

Embrace the competition from China, says Maraganore

U.S. biotechs need to rise to the challenge and learn from their competitors

February 14, 2025 9:07 PM UTC

The rising competition from China is to be welcomed not feared, says John Maraganore, who argues the innovation will push biotechs globally to greater heights and provide a net positive for patients and the biopharma ecosystem.

In a fireside chat with BioCentury at the BIO CEO & Investor Forum in New York on Feb. 11, Maraganore, the former and longtime CEO of  Alnylam Pharmaceuticals Inc. (NASDAQ:ALNY) who is now chairman of  City Therapeutics Inc., took a strong stance to encourage openness to this new source of competition...