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China’s FDA releases revised medical device classifications

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08-Sep-17 The Chinese FDA has announced changes to medical device classifications, introducing a new new three-level structure with more detailed examples, and reducing the risk level of 40 different categories. The changes are set to go into effect in Aug-18. [image: Mass Device]

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Sequoia China Leads USD240 mn round in WuXi NextCODE

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08-Sep-17 WuXi NextCODE, a genomic big data platform, raised USD240 mn in a financing round led by Sequoia Capital China, making it among the largest venture financing deals for a start-up in the healthcare sector in China. [image: China Money Network]

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Khazanah eyes investment opportunities in Central Asia

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07-Sep-17 Malaysia's sovereign fund Khazanah Nasional Bhd plans to widen investment to Central Asia. "We can extend our healthcare business to [Central Asia]… We have also investments in hospitals in Malaysia, Singapore, Hong Kong and soon, in China." [image: Astro Awani]

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China closes prominent international hospital

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07-Sep-17 The Shanghai government has ordered the closure of a top maternity hospital saying that it was illegally built on land owned by the armed forces. The  Shanghai Redleaf International Women’s & Children’s Hospital was founded by Canadian investors. [image: Hong Kong Free Press]

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