28-Apr-16 Fitbit, the leader in connected health and fitness, and Tmall.com, China's largest third-party web platform, owned by Alibaba, have signed an MoU to expand Fitbit’s reach in China. The partnership will introduce the Fitbit platform to hundreds of millions across the country. "Since 2014, we’ve seen steady growth in the market," said Woody Scal, Chief Business Officer at Fitbit. [image: Fitbit]

03-May-16 The China FDA 2015 annual report details a fall in the registration of new medical devices to 7,530 from 8,340 in 2014. Toughening of Chinese regulations may have discouraged some applicants. The proportion of IVDs in the figures is large at 40%, but for imported medical devices there are almost as many new registrations as renewals. [image: Brandwood Biomedical]

03-May-16 China's Sinocare Inc has signed a purchase agreement privately-held PTS Diagnostics for up to USD200 mn in cash. PTS is a US-based manufacturer of biometric testing devices. "Together, our future will be centered on transforming preventative medicine, biometric testing, and connectivity by providing fast, easy, portable, and accurate medical devices and information management systems,” said Robert Huffstodt, CEO of PTS. [image: Sinocare Inc.]

01-May-16 Changing demographics and lifestyles in China are the reasons behind emerging opportunities for foreign companies to operate hospitals, clinics and care homes in the country. And the need is now widening to include primary care, rehabilitation and elder care. The range of incentives for foreign investors is increasingly wide. But there remain hurdles to be overcome. [image: Global Growth Markets]

29-Apr-16 China has spent RMB5.64 tn (USD871 bn) since 2009 to improve its healthcare system. The health budget for 2016 is RMB1.24 tn (USD191 bn) and the average annual growth of medical input has surpassed 20% over the past seven years. [image: SCMP]