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Desperation, money drive Chinese patients abroad

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20-Nov-15 With growing numbers of Chinese celebrities such as Olympic athlete Liu Xiang seeking treatment abroad, more people in China are realizing they can also seek medical care overseas. The five-year cancer survival rate is 30%, half that of patients in the US. Besides lower standards of care, complaints about Chinese hospitals include long waiting times, lengthy diagnoses and impatient doctors. [image: MetroCebu News]

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Thermo Fisher Scientific opens GMP facility in Singapore

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19-Nov-15 Thermo Fisher Scientific has announced the opening of a new GMP facility in Singapore. The new site is intended to meet growing demand for clinical supply services in the region. It will provide pharma and biotech companies with a one-stop service for clinical supplies – including GMP storage, labelling, packaging, comparator sourcing, handling, distribution and returns management. [image: Thermo Fisher Scientific]

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The new wave in Chinese medical tourism

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13-Oct-15 As China's growing 40+ population suffers increasingly from lifestyle diseases such as cardiac problems and cancer, many of the wealthy among them will seek treatment in the US or Europe. And many more will spend some of their new found wealth on plastic surgery, dentistry or wellness programs in Korea or Southeast Asia. Chinese medical tourists spent USD10 bn in 2014, only 2.3% of the global total, suggesting that there is a huge potential for further growth in the market. What can hospitals and governments do to tap into this opportunity? [image: Travel Daily News]

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