DP21286 From Free Rider to Innovator: The Rise of China's Drug Development

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This paper examines China's transition from pharmaceutical ``free rider'' to global innovator over the last decade. In 2010, China accounted for less than 8% of global clinical trials; by 2020, it had surpassed the US in annual registered clinical trial volume. To study this transformation, we compile a comprehensive, synchronized database spanning the pharmaceutical drug development supply chain, covering scientific publications, clinical trials, drug development milestones for China, the U.S.,

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