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China Renaissance to increase investment in healthcare

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 Insights

23-Nov-17 China Renaissance, a Beijing investment bank and VC investor, plans to expand its operation with an additional USD7 billion to build up its healthcare/biotechnology investments including Huaxing Healthcare, and other sectors. [image: China Renaissance].

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Cardinal Health sells China operations for USD557 mn

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 Insights

21-Nov-17 Shanghai Pharmaceuticals has agreed to pay USD557 million for Cardinal Health’s China drug distribution business, growing its nationwide presence and making it a distributor to 322 cities and 11,000 medical institutions. [image: Healthcare Packaging]

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Fortis board clears RHT acquisition in India

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 Insights

15-Nov-17 Fortis Healthcare board has approved the proposed acquisition of Singapore based RHT Health Trust for INR4,650 crore (USD720 mn), as part of an effort to consolidate the Indian asset portfolio of clinical establishments and two hospitals into Fortis. [image: ET Healthworld]

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GGM is a research and advisory firm helping clients grow profitably in international markets.

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