China is solving cancer and building miracle drugs. Wall Street buys them and charges 100x.

by Kevin Walmsley Published: February 6, 2026

Published: February 6, 2026 1 comment Approx 14 Mins • Watch / read

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Kevin Walmsley
Inside China Business

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China is solving cancer and building miracle drugs. Wall Street buys them and charges 100x.

Inside China Business

Apr 9, 2025

China's biotech clusters are much larger, move much faster, and are much more innovative than in North America or Europe. Western pharmaceutical companies and Wall Street venture capital are very active in China's biotech scene, investing billions for licensing rights to the most revolutionary drugs, to enjoy monopolistic profits outside China. This business model is worth hundreds of billions of dollars a year, while even single drugs made in China are worth tens of billions annually after approved for the US market. But China is opening up its hospital systems and medical tourism zones to foreigners. For many patients, it is already far less expensive and far faster to fly to China to receive world class medical care, than to use local hospital systems.

Closing scene, Xinjiang Resources and links: Chinese scientists turn tumours into ‘pork’ in radical cancer treatment https://www.scmp.com/news/china/scien...

ADDENDUM
special feature

Inside China's Hospitals. When Disaster Strikes. Alex & James In The City

iChongqing

First run on Apr 30, 2024 CHONGQING

#china #chinahospitals #chinavlogs Description: Join Alex as he takes us through an emotional and supportive journey in his latest vlog from Chongqing, China. This special episode features Alex visiting his friend and colleague, James, who recently underwent serious surgery after breaking his arm. James, who also works for iChongqing alongside Alex, has spent the last three weeks recovering in a local hospital. Despite serving one of the world's largest populations, these medical professionals demonstrate exceptional commitment and resilience every day. From state-of-the-art facilities in bustling cities to hard-working staff in rural areas, witness firsthand how China's healthcare system meets the diverse needs of its vast populace. This video pays tribute to the unsung heroes who, behind the scenes, ensure health and healing across the nation Throughout the vlog, Alex captures the heartfelt moments of his visit, showing how friendship and care can bring light even in tough times. We also see Yuna, another colleague, as she visits James, offering her support and helping with the vlog’s production. The video concludes with a touching update: James expresses his happiness and gratitude for the visits from Alex and Yuan, highlighting the importance of companionship and moral support during recovery.

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The views expressed herein are solely those of the author and may or may not reflect those of The Greanville Post, although, if we publish them, we obviously find them noteworthy and valuable.

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Kevin Walmsley

Kevin Walmsley grew up in Venice, Florida, which he still considers his hometown, no matter where he is this week. He has four grown children, Christopher, Briton, Lauren, and Megan. Kevin has lived in China since 2012, and works for Direct Equipment from Kunming. His team is a dedicated group of English-fluent Chinese engineers and logistics pros, who coordinate factory visits and inspections, perform quality control, ensure accurate order placement and fulfillment, and oversees DEC's freight forwarding relationships. Kevin is a nine-year veteran of the US Army, and is active in underground churches and missions in Southeast Asia.

1 comment

Eric Arthur Blair February 7, 2026 - 7:52 pm

Kevin Walmsley has a damn good youtube channel that everyone must bookmark
https://www.youtube.com/@Inside_China_Business/videos
I learned a LOT from him.

China is solving cancer and building miracle drugs. Wall Street buys them and charges 100x.

Kevin Walmsley Inside China Business

China is solving cancer and building miracle drugs. Wall Street buys them and charges 100x.

Inside China's Hospitals. When Disaster Strikes. Alex & James In The City

Print this article [bws_pdfprint display=’print’]

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