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News on Healthcare in China

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Founder Sun Piaoyang comes home to struggling Hengrui
Sep 3, 2021 (WiC 554)

Starbucks might not be in the lofty position it is today were it not for the return of Howard Schultz as CEO in 2008 after an eight-year hiatus. “By 2007 Starbucks had begun to fail itself. Obsessed with growth, we took our eye off operations ...

Pandemic politics

Why Shanghai’s Covid expert is under attack
Aug 20, 2021 (WiC 552)

Chinese epidemiologist Zhang Wenhong divides public opinion. To some he is a straight-talking expert who eschews politics and tells it like it is – often with a dash of earthy humour (see WiC495 for an earlier profile). For others he is a ...

Moving the needle

Who is going to benefit from China’s approval of the BioNTech jab?
Jul 23, 2021 (WiC 550)

Pfizer, whose Covid-19 vaccines are protecting over half of the fully inoculated population in the US, has been trumpeting the need for a third booster dose. Meanwhile, Germany, Canada and the UK are all recommending a mixed regimen: if you ...

Capital injection

Cosmetics filler maker inks deal with Koreans ahead of Hong Kong IPO
Jul 9, 2021 (WiC 548)

Clostridium botulinum was first identified in 1895 after a botulism outbreak. Found in soil and the sediments of streams, lakes and coastal waters, the bacterium attacks the nerves, causing difficulty with breathing, muscle paralysis and even ...

Mosquitoes repelled

China has now officially eliminated malaria
Jul 9, 2021 (WiC 548)

In 1943 the Allies advanced on German-occupied Rome. In response the Nazi regime reflooded the Pontine Marshes to the southwest of the city, hoping that malaria would spread from the marshy terrain to soldiers in the American and British armies ...

The biotech bourse

Keymed Biosciences Hong Kong retail tranche 429-times covered in hot IPO for start-up
Jul 9, 2021 (WiC 548)

As one of the most revealing documents that relates to a corporate entity, a listing candidate’s prospectus is expected to contain a comprehensive income statement. Not for Chengdu-based Keymed Biosciences, mind you. In the review alongside ...

Beating a retreat

Waterdrop IPO underperforms as tighter insurtech rules loom
May 14, 2021 (WiC 540)

When 34 year-old Shen Peng founded Waterdrop Inc in 2016, he was setting his sights on building China’s answer to UnitedHealth Group, a $383 billion healthcare and insurance behemoth. But with private health insurance a relatively newer concept ...

Vaccine diplomacy

The only Filipino taker of Sinopharm’s Covid shot is...
May 14, 2021 (WiC 540)

Rodrigo Duterte is known as the strongman of the Philippines. Yet on May 5 the outspoken president publicly apologised for getting a Sinopharm inoculation, a stunt streamed live on Facebook to encourage vaccinations. His error? Choosing a ...

Moving the needle

Cities offer incentives to promote vaccination
Apr 16, 2021 (WiC 536)

How do you keep a country of 1.4 billion people protected from a return of Covid-19? That’s the question facing the authorities in China as the pandemic drags into its second year. Thus far the initial epicentre of the virus has managed to keep ...

Bulking up fast

Pharmaron in M&A push to grow cell and gene therapy business
Mar 19, 2021 (WiC 532)

The coupling of AbbVie and Allergan last year was an expensive one. Costing $63 billion, the combination was one of the 10 largest pharmaceutical industry mergers in history, bringing together a product line that includes AbbVie’s Humir, the ...

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