{
  "id": 6385171,
  "title": "China needs monkeys: lab animal shortage could hinder biotech growth",
  "url": "https://urgent.news/2026/09/09/china-needs-monkeys-lab-animal-shortage-could-hinder-biotech-growth",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-09T05:01:10.000Z",
  "source": {
    "name": "SCMP Business",
    "slug": "scmp-business",
    "url": "https://www.scmp.com/business/companies/article/3366870/china-needs-monkeys-lab-animal-shortage-could-hinder-biotech-growth"
  },
  "original_language": "en",
  "account": "China's biotechnology market is experiencing a surge in demand for primate experimental models, driving up the price of laboratory monkeys, according to a leading biotech firm. This increase in demand can be attributed to the market's recovery, which has been fueled by the growth in fundraising and out-licensing deals for innovative drugs. Primate experiments are used to test the safety and efficacy of drugs before clinical trials on humans. The price of a lab monkey has reached as high as 200,000 yuan (US$29,802) in July, up from around 50,000 yuan in early 2025. The shortage of lab monkeys in China is projected to range between 15,000 and 20,000 between 2026 and 2028. Joinn Laboratories, a Hong Kong-listed firm, has significantly benefited from China's biotech boom, with its shares skyrocketing over 150% since 2025. The company reported a net profit of 747.5 million yuan in the first half of the year, marking an 11-fold growth year on year.",
  "summary": "China’s biotechnology market has “significantly” driven up the demand for primate experimental models as the market recovers, tightening the supply of laboratory monkeys, according to a leading biotech firm. The continued recovery of fundraising and out-licensing deals in innovative drugs in China this year has led to significant growth in the demand for primate experimental models, research firm…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "South China Morning Post",
        "title": "China needs monkeys: lab animal shortage could hinder biotech growth",
        "url": "https://urgent.news/2026/09/09/china-needs-monkeys-lab-animal-shortage-could-hinder-biotech-growth-6386296",
        "published": "2026-09-09T05:01:10.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}