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American giant enters Russia’s pharmacy network

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19-Apr-16 Walgreens Boots Alliance has bought a 15% stake in Russian pharmacy chain 36,6. In return Walgreens Boots Alliance has sold its Russian distributor Alliance Healthcare Russia to 36,6. The country’s commercial drug market can be very promising for foreign investors. [image: Newseurope]

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Chinese spur medical tourism in US

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15-Apr-16 The US is enjoying a record number of tourists from China and some have come for medical treatments they cannot get at home. "This is a relatively new thing in the last two years that many people from China have been coming to the US for medical care. Prior to that, there were very small numbers," said Spencer Koerner, medical director at Cedars-Sinai. [image: Li Ming and Cai Meng / China Daily]

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Hong Kong's Evergrande Health Industry links up with Harvard teaching hospital

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15-Mar-16 Hong Kong's Evergrande Health Industry has entered into a strategic collaboration with Brigham and Women’s Health Care, a teaching hospital of Harvard Medical School, to develop hospital projects in mainland China. The agreement includes strategic guidance on hospital design, clinical and hospital management and staff training, as well as assistance in developing collaborative hospital projects and planning healthcare service models. [image: Reuters]

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China's reforms will hurt US manufacturers

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08-Dec-15 China's implementation of healthcare reforms, changing the approval process for new medical devices and favoring local manufacturers will restrain growth for US medical manufacturers, says Moody's. China's healthcare reforms will be particularly credit negative for companies that make complex devices, such as Medtronic, Boston Scientific and St Jude. [image: Shannon Stapleton / Reuters]

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