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Raffles Medical to build 400-bed hospital in Shanghai

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13-May-15 Singapore's Raffles Medical Group will develop a general hospital in Shanghai as part of a joint-venture - its first hospital outside of Singapore. The 400-bed hospital will be built in Shanghai's Pudong New Area, and will cater to locals, expatriates and visiting international patients. [image: Raffles Medical Group]

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China lifts price control on most medicines

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06-May-15 China will lift price controls on most medicines starting from Jun-15, following which medicine prices will be decided by the market, the National Development & Reform Commission (NDRC) has said. Only narcotics and some listed psychotropic drugs will continue to be controlled by the government, with ceiling retail prices. [image: AFP Photo / Anthony Wallace]

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Bayer making deep inroads across China

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06-May-15 Bayer HealthCare reaffirmed its strong position in China's healthcare industry with sales of EUR1.7 bn (USD1.9 bn) in 2014, 14% up on 2013. Its pharmaceuticals business grew at 15% in China, with a 26% spike in its consumer care business and 11% growth in its animal healthcare division. [image: China Daily]

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China's premier urges more medical reforms

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30-Apr-15 Chinese Premier Li Keqiang has called for more medical reform measures to overcome difficulties in the healthcare system. Key areas include preventing hospitals being financed by drug sales, improvements in medical insurance payments, more private investment, and establishing a multi-tiered diagnosis and treatment system. [image: Xinhua Finance Agency]

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