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News on Healthcare in China

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All about its image

United Imaging is STAR’s biggest IPO of 2022
Aug 26, 2022 (WiC 597)

On Monday United Imaging Healthcare went public on Shanghai’s STAR market. The stock surged as much as 60%, reaching a market capitalisation of Rmb150 billion at one point, after an IPO that was the second-largest A-share offering in China this ...

‘Positive’ discrimination

Companies are refusing to hire Covid recoverees
Jul 22, 2022 (WiC 594)

“Those with a Covid positive history need not apply,” a recent online advertisement for security guards read. Many other employment ads have taken a similar line, demanding a “clean health history” or featuring a ‘sun’ emoji (which ...

Hopes raised over Brii Bioscience’s Covid treatment
Jul 22, 2022 (WiC 594)

Amubarvimab/Romlusevimab is a mouthful in any language. But this domestically-produced antibody treatment could be another important step in China’s long path back to normality after the pandemic. Invented by Hong Kong-listed Brii ...

Market senses blood

Dialysis leader set to IPO
Jul 22, 2022 (WiC 594)

As China ages, so the need for dialysis will increase. Chronic kidney disease is much more common in old age, often accompanied by, or caused by, diabetes and high blood pressure. The treatment for advanced kidney disease (when the organs have ...

Profitable collagen firms on investors’ radar
Jul 8, 2022 (WiC 592)

Collagen, its champions say, is the miracle ingredient that will leave your skin fresh, your bones strong and your joints pain-free. Collagen-infused powders, pills and facial masks have flooded the market. But collagen makers need to convince ...

Debates rage as Chinese cities ‘normalise’ regular Covid testing
Jun 3, 2022 (WiC 587)

This week Shanghai finally re-opened after a two-month lockdown. But residents quickly discovered a new addition to their streets: 9,000 permanent testing booths. The idea, say the authorities, is to “normalise” regular Covid testing so ...

Lab rats have become big business as firms rush to IPO
Jun 3, 2022 (WiC 587)

President Xi Jinping has said he wants China to be a pharmaceutical powerhouse by 2025. If the country is to get there, it will first need to become a leader in another field – the breeding of lab animals. Researchers in China use around 20 ...

Jabs to the chin

Why Sinovac is not immune to a media attack
May 20, 2022 (WiC 585)

Moderna was valued at $7 billion, or $23 a share, when the biotech firm went public on the Nasdaq in December 2018, a year before the Covid-19 outbreak was first reported in China’s Wuhan. The 12 year-old firm was worth nearly $500 per share at ...

‘Huawei of medical devices’ United Imaging to raise $2 billion in STAR IPO
May 6, 2022 (WiC 583)

'Made in China 2025' was dropped as a government slogan three years ago. Yet the underlying desire to achieve self-reliance in essential goods from semiconductors to biomedicine has never waned. The ambition has continued to guide investment into ...

Drug controversy

Debates on TCM remedies for Covid heat up
Apr 29, 2022 (WiC 582)

When Hong Kong was battling the Omicron outbreak in late March, China’s central government sent a team of seven practitioners to the city to offer advice on how to use traditional Chinese medicine (TCM) to treat the virus. Within days of the ...

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