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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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Bain Capital enters China

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16-Mar-16 Bain Capital LLC is paying USD150 mn for control of China-focused hospital operator Asia Pacific Medical Group, in the first deal for the private-equity firm’s new Asia fund. APMG provides primary care and specialty services, with a focus on neurology and oncology, and has four hospitals in China and a chain of clinics in Singapore and Malaysia. [image: Bain Capital LLC]

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China's ZTE launches its mHealth product

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14-Mar-16 "China's ZTE Corp has announced the release of its mHealth product: all-in-one physical examination terminals, with both professional and home editions available.
The health terminal is a multi-parameter instrument with integrated functions for blood pressure, ECG, blood oxygen saturation and urine test, and actively collaborates with a back-end cloud." [image: ZTE]

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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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Western hospitals leave Emerging Markets well alone

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02-Mar-16 Investors have become increasingly chittery about China’s investment prospects. Almost all the big “Western” hospital chains have steered clear of Emerging Markets. The biggest of all, Hospital Corporation of America, has only gone as far as London. Private hospitals in Emerging Markets need links to local politicians and governments to win projects. [image: World Crunch]

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