28-Jun-16 Pfizer Inc will invest USD350 mn to build a biotech center in China, the latest in move by pharma industry giants to set up in the world's no.2 drugs market, with the aim of securing faster approvals for products. The facility in Hangzhou - Pfizer's first biotech center in Asia - is expected to be completed by 2018. [image: Reuters / Andrew Kelly]

20-Jun-16 Apollo Hospitals Group and Hainan Ecological Smart City Group, a Chinese industrial park developer, signed an MoU jointly to develop a highly integrated modern healthcare service facility in China's Hainan province. The hospital will have medical, nursing and paramedical colleges attached and will cater to medical tourists from China and other nations, as well as people from Hainan. [image: Indian White Paper]

15-Jun-16 Bricon GmbH, part of China's Naton Medical Group, has acquired the manufacturing site of Zrinski AG in Germany and has re-formed it as Zrinski GmbH. Naton, with more than 3,500 employees, is one of China’s leading medical technology manufacturers. It intends to expand its position in the premium segment of the Chinese market with products “Made in Germany”. [image: Zrinski]

23-Jun-16 Internet firms, medical hardware makers and medical service providers should collaborate to provide an integrated service for patients and stakeholders in healthcare. Li Tiantian, founder of Hangzhou-based healthcare service group Dingxiangyuan, said mobile healthcare should be better promoted in community healthcare service centers to connect other players in the industry. [image: SCMP]

22-Jun-16 Public hospitals in China are facing tougher scrutiny over prescriptions and tests as Beijing tries to find ways to cut costs and keep spending growth below 10%. A directive by the NHFPC aimed at controlling spending calls on its provincial and municipal branches to convey budget goals to public hospitals and establish a system for overseeing health care expenses. [image: South China Morning Post]