Adlai Nortye impact There has been a lot of discussion about AN and the implications of a possible buy-out.
If I recall correctly, AN was started in part with a lot of Chinese government capital. One of the senior VPs bio says Mr. Yang is a member of the 12th CPPCC in Yuhang District, Hangzhou. The CPPCC is the Chinese communist party citizen advisory committee, roughly speaking, which is tied tightly to the party.
More broadly, I have a close friend who is a globally noted scholar on China and Chinese law. He indicated to me previously that no notable Chinese company operates independently of the Chinese com munist party. That is widely known and globally understood. Carsten Lu the founder of AN, is a young guy, trained in China, who was probably selected to start a pharma company on behalf of the party and the country. Look no further than Huawei to see an example in the computer world.
The upshot is that if ONCY or Pfizer or Roche want to sell pharma into China it is always going to be in partnership with a company led by someone connected to the party at a high level. So this arrangement is a good one for Oncy or whoever hopes to make sales in China.
As for whether ONCY features as a partner on their web site, it could be the partnerships are listed in terms of current revenues, or costs paid already, or prestige, or any of a number of reasons. That does not mean they do not care about pela.
All in my opinion.