Locust Walk

Episode 26: Asia’s 2025 Q1 Report: Global Trends in Biopharma Transactions

During the Asia-focused Episode 26 of Biotalk, Geoff Meyerson, CEO of Locust Walk, shares fresh insights from Japan, China, and Korea, as featured in our 2025 Q1 Report: Global Trends in Biopharma Transactions Report

Japan saw modest market recovery, a $3.3B buyout of Mitsubishi Tanabe, and lighter licensing activity. Early-stage financings picked up as investors re-engaged.

China shifted from IPO optimism to global deal-making as markets cooled. Notable trends included strong out-licensing ($17.6B), AstraZeneca’s $2.5B investment, and Ascentage’s NASDAQ debut backed by Takeda. Venture activity rebounded, driven by insider-led late-stage rounds.

Korea drew attention with Orum’s IPO, early-stage deals, and a growing focus on CDMO by major players.

Listen now to gain insights into the evolving global biopharma landscape, explore our report, and we welcome the opportunity to discuss its contents with you.

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