20-Feb-17 Three years ago Alibaba launched Ali Health to bolster the country’s health systems by streamlining processes with drug-tracking software. Other major companies began to develop mHealth solutions. Baidu created a chatbot that performs basic medical triage. But all of these companies are losing money. Ali Health alone lost USD30 bn in 2016. [image: China Daily]

20-Feb-17 Weill Cornell Medicine of the US has entered into an agreement with Tahoe Investment Group, part of a Chinese real estate company, to assist in the development of an international hospital in Shanghai. The proposed site is in the Yangpu District, an area with no international hospital, where the new facility will serve the local market and expatriates. [image: Weill Cornell Medicine]

 Insights

20-Feb-17 Raffles Medical Group is ramping up in China and Indochina as strong demand for quality healthcare offer attractive growth opportunities. It is also growing its portfolio of corporate clients with more multinational companies using its medical services outside of Singapore, including Japan, Vietnam and China. It also logged revenue of SGD474 mn, a 15% increase compared with a year ago. [image: Raffles Medical Group / Nikkei Asian Review]

13-Feb-17 Developed by Beijing Tinavi with the help of Jishuitan Hospital, Phecda is a surgery robot with a 3-D high-definition visual system that can "see" the internal orthopedic structure. It is part of the effort by Chinese companies to outcompete foreign rivals as the use of medical robots is set to take off, thanks in part to an aging population. [image: Tinavi / China Daily]

11-Feb-17  China Food and Drug Administration (CFDA) has released rules on the recall of medical equipment. Manufacturers must take responsibility for the safety of their equipment and are obliged to have a recall mechanism in place. They are also required to investigate and evaluate equipment and recall defective items. [image: Xinhua Finance Agency]