If every win is going to be painful from here, you may as well just take the painful wins – welcome to Arsenal’s late title stagger
通过对石药-阿斯利康、信达-礼来等交易的深入分析，我们可以清晰地看到中国创新药产业正在实现从卖药到卖平台乃至卖水人角色的历史性跨越。这一跨越体现在三个层面：项目估值的系统性提升、平台化能力的价值重估，以及中国创新药企中长期业绩支撑逻辑的重塑。
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