{"first_seen":"2026-10-07T04:30:36Z","headline":"Chinese biotech faces reality check as ArriVent drug failure sinks stock in US","kind":"front-page-headline","rank":1,"source":"scmp","url":"https://www.scmp.com/business/china-business/article/3369985/us-firm-arrivents-plunge-shows-risks-facing-chinas-biotech-expansion-global-markets?module=top_story&pgtype=homepage","v":1}