Korean medical companies sign 15 MOUs with China
04-Sep-15, Business Korea
Korean health and medical companies will be able to speed up their advancement into the Chinese market. They secured a bridgehead into the Chinese telemedicine market by inking agreements with Chinese medical institutions and pharmaceutical companies. They will be able to export drugs and biotech products to China, too.
These developments will prepare Korea to become one of the seven health and medical powers in the world in five years.
%20Business%20Korea.jpg "Korean medical companies sign 15 MOUs with China (c) Business Korea")
Image: Business Korea
The Ministry of Health and Welfare announced that medical companies and institutions visited Shanghai as members of the economic delegation and signed 15 MOUs during President Park Geun-hye’s visit in Sept.
- Seoul St. Mary’s Hospital will build a chronic disease management model based on a smart healthcare system.
- Seoul National University Hospital will build a 1000-bed state-of-the-art private hospital in Yueyang City, China.
- The Korea Health Industry Development Institute signed an MOU to jointly develop medical tourism packages with China National Travel Service.
- Korea’s BK Plastic Surgery agreed with China’s Suning Group to jointly build a plastic surgery hospital.