20-Apr-17 As China develops, it struggles to deal with wrenching healthcare challenges. It produces few breakthrough innovations in medicine and healthcare technology. New investments and policy reforms, however, could transform China into one of the top R&D hubs. The Chinese government recently enacted new programs to stimulate entrepreneurship, bolster domestic research institutions, and promote innovative approaches to upgrading the healthcare system. [image: Techonomy / Shutterstock]
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14-Apr-17 Healthcare reform in China could be a major boon to Medtronic, says CEO Omar Ishrak who told the China Daily "in 10 years, probably, the Chinese market would have outpaced the US market." Ishrak added, Medtronic would open a heart-valve manufacturing site in Shanghai, saying "the facility would help relieve the shortage of such valves in China and globally." [image: Medtronic]
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14-Apr-17 China's Aier Eye Hospital plans to purchase the largest listed eye-clinic group in Europe, making it the world's largest ophthalmic medical group. It announced an offer to buy Spain's Clinica Baviera SA, specializing in laser eye surgery, with its 280 ophthalmologists and 76 eye clinics in Spain, Germany and Italy. The acquisition will cost Aier EUR152 mn (USD162 mn). [image: Ge Yinian / China Daily]
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11-Apr-17 China is seeing a growing interest from medical travellers seeking Traditional Chinese Medicine (TCM) as well as those seeking high-end western therapies and treatments in some of the world's best private healthcare centers. China's National Development and Reform Commission targets to build 10 TCM health tourism model zones offering medical treatment, wellness, recuperation and elder care by 2020. [image: Australian Business Forum]
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Insights
11-Apr-17 Boston-based Massachusetts General Hospital and Jiahui Health Network are pursuing a collaboration to create Jiahui International Hospital in China's Shanghai Province. The 300-bed hospital will focus on cancer care and research. Mass General Cancer Center will advise Jiahui as it launches a cancer center focused on breast, lung, gastrointestinal, lymphoma and myeloma treatment programs. [image: Partners Healthcare]
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