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Prenetics raises USD10 mn investment led by China's Ping An

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16-Mar-16 Prenetics, a precision medicine company focused on personalized, predictive and preventive treatments, has announced a USD10 mn strategic investment led by China's Ping An Ventures. Other investors include Indonesia's Lippo Group backed Venturra Capital, Capital Union Investments and existing investors 500 Startups, COENT Venture Partners. [image: Prenetics]

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China requires generics to obtain brand-name drug quality

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08-Mar-16 According to a circular issued by China's State Council, generic drugs already available on the market should be assessed on whether they are consistent with brand-name drugs, and if they could be used clinically. Crucially, generics that pass the assessment will be included under national insurance coverage. [image: People's Daily Online]

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Chinese medical giant in deal with bank to explore health industry

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29-Feb-16 An agreement worth RMB10 bn (USD1.5 bn) has been signed between WuXi AppTec and Ping An Bank jointly to explore the health industry. According to the deal, Ping An will provide a credit line for WuXi AppTec to promote the pharmaceutical platform company's development in the domestic market. [image: Chinatopix / Getty Images]

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Japan amends Pharmaceutical Affairs Act to attract Indian pharma

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29-Feb-16 The Japanese External Trade Organization (JETRO), which has set a foreign direct investment target of USD300 bn by 2020, is now wooing Indian pharmaceutical companies to maximize its conducive research-innovation ecosystem and advanced manufacturing infrastructure. To this end Japan has amended the Pharmaceutical Affairs Act, drastically improving the approval process for medicine and medical devices. [image: JETRO]

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Webinar: Indonesia healthcare market opportunities

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 Webinars

Watch the recording of our webinar on the Pharmaceutical & HealthCare Marketing BrightTALK channel: Global Growth Markets CEO Pete Read talks about Indonesia’s healthcare market fundamentals, the challenges faced, improvements in progress, how technology can help and opportunities for investment.

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