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Shanghai Pharma teams up with JD.com to sell drugs online

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18-May-15 State-backed pharmaceutical group Shanghai Pharmaceutical Holding has teamed up with e-commerce company JD.com to further tap China's booming online drug sales market. Shanghai Pharma will operate JD's online prescription drug sales platform under an exclusive agreement, and share drug-sales related data and resources. [image: Reuters]

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Ramsay Health Care in Western China hospital joint venture

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16-May-15 Ramsay Health Care will enter the Western China market through its partnership company Ramsay Sime Darby Health Care, which has signed a JV with hospital operator Chengdu Jinxin Healthcare Investment Management Group Ltd. The JV's five hospitals with about 2,300 beds will focus on women’s health, mental health and TCM. [image: Ramsay Sime Darby]

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Australia to boost its engagement in China's health sector

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15-May-15 Australia is seeking closer business ties with China in areas such as medical devices, aged care, health information technology, clinical trials, hospital management, pharmaceuticals and health foods. But Australian companies will need to prepare themselves for strong competition as the Chinese government pushes hospitals to use more domestically made medical devices. [image: The Conversation_Lukas Coch / AAP]

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Plan to scrap drug mark-up in China's county hospitals may impact quality

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13-May-15 China's State Council has published a plan to overhaul thousands of public county hospitals nationwide. A key reform is barring a 15% drug mark-up, which some say causes over-prescription of expensive imported drugs. An economist at the University of International Business & Economics in Beijing said hospitals will now have to raise prices on other services or lower quality levels. [image: Caixin Online]

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Zhuhai Blue Ocean Aims to Raise USD1 billion in Hong Kong IPO

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13-May-15 Chinese hospital-investment firm Zhuhai Blue Ocean Strategy Medical plans to raise about USD1 bn in a Hong Kong initial public offering in the third quarter of 2015. Founded in 2010, the private company provides hospital management services and has formed business partnerships with over 300 hospitals across 200 cities. [image: Reuters]

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