02-Mar-16 Australia's Ramsay Health Care has scrapped its proposed hospital joint venture in western China because several conditions weren't met. In total, the JV was expected to cover five hospitals with approximately 2,300 beds and a focus on women's health, mental health, and traditional Chinese medicine. [image: Ramsay Health Care]

01-Mar-16 Chinese scientists have built an “invisible” circuit in a layer of material used to make contact lenses for the first time, a technological breakthrough that could spur the development of new wearable devices. The circuits could be placed on the skin, to sense pressure, temperature and even stretch, thus helping people with prosthetic limbs restore their sense of touch. [image: YouTube]

29-Feb-16 An agreement worth RMB10 bn (USD1.5 bn) has been signed between WuXi AppTec and Ping An Bank jointly to explore the health industry. According to the deal, Ping An will provide a credit line for WuXi AppTec to promote the pharmaceutical platform company's development in the domestic market. [image: Chinatopix / Getty Images]

27-Feb-16 The CFDA has said it would prioritize the approval of drugs with clear clinical value, including those that use advanced technology or innovative methods. It added that certain categories of drugs would get priority, including those for children and the elderly, rare diseases, AIDS, malignant tumors and viral hepatitis. [image: Aly Song / Reuters]

25-Feb-16 Carestream Health has struck a deal with Alibaba Health Information Technologies to create an Internet-based medical-image sharing service in China. The system is to wed Carestream’s image sharing technology and Alibaba Health’s online platform. “This new service... facilitates patients’ accessibility to medical consultation by eliminating the need to travel to health care facilities" Alibaba Health vice president Ni Jianwen said. [image: Business Wire]