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New hospital a springboard for health reform in China

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26-Dec-14 The doors have opened to welcome up to 10,000 patients a day at China’s largest hospital - Peking University International Hospital (PUIH), which is backed by non-state investors. PUIH is being touted as a poster child for much-needed healthcare reform, enabled by private investment. [image: Caixin Online]

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China to open up to more US medical imports

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18-Dec-14 In trade talks with the US, China has agreed to allow US medicines and medical devices into its markets more quickly. China agreed to “cut red tape” for imports of new and innovative pharmaceuticals and medical devices, said US Commerce Secretary Penny Pritzker. [image: CCTV America]

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NFC smart band to increase safety for Alzheimers sufferers in Taiwan

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09-Dec-14 Taiwan Mobile has unveiled its second generation near-field communication (NFC)-capable wristband aimed at assisting elderly people. The new smart band can automatically pair with any NFC smartphone wirelessly without the need to download an app, and alert carers to the wearer’s location using GPS. [image: CNA]

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Hony, Goldman lead USD610 million investment in China’s Neusoft

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12-Dec-14 Shenyang-headquartered Chinese IT solutions and service provider Neusoft Corp says it intends to sign an agreement with an investor consortium including Chinese private equity firm Hony Capital and Goldman Sachs, to help the company transform its healthcare businesses. [image: China Money Network]

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Medtronic and other foreign medical device players face more competition in China

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11-Dec-14 Medtronic will turn over more than USD900 million in China this year, up from only USD50 million ten years ago. Its China strategy is multi-faceted, involving imports, local R&D, patient education and M&A. Despite this success, the advantage Medtronic - along with other foreign device makers - has carved out, is increasingly under pressure from local players, whose ability to innovate and drive costs down via frugal engineering is creating a new standard of excellence. [image: China Business Review]

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