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News on Healthcare in China

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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 ...

Shock in Shanghai

China’s financial capital is locked down
Apr 1, 2022 (WiC 579)

Is it possible to catch a rat in a crockery shop without breaking the porcelain? This is what Shanghai has been trying to do in containing the pandemic, according to Zhang Wenhong, head of the city’s Covid-19 clinical experts team. If that ...

The birth of a good business

Why fertility services are now in demand in China
Mar 4, 2022 (WiC 575)

Four years ago, Li Xueke decided to become a mother on her own. The Shandong businesswoman travelled to Thailand for a course of IVF. In July 2019 she gave birth to triplets – two boys and a girl. Like many new mothers, she shared images of ...

CANbridge underperforms after its recent IPO
Jan 14, 2022 (WiC 569)

The definition of a rare disease varies from country to country. In the US it is defined as a condition that affects fewer than 200,000 Americans, while in the European Union the threshold is set at an incidence of five in 10,000. The latest ...

Making a spectacle

Mingyue Optical Lens IPO surges 150%
Jan 7, 2022 (WiC 568)

Danyang in Jiangsu province is China’s leading producer of reading glasses. Yet until December last year none of the main eyewear companies in the county-level city – which is said to make 40% of the world’s lenses – had sold shares to ...

Dialysis machine maker SWS to go public
Nov 26, 2021 (WiC 565)

Over 600,000 Chinese citizens receive blood dialysis – a number that is is expected to rise substantially in the coming decades as the population ages. Almost all dialysis machines in China are foreign made. The only domestic firm to hold ...

Ocular IPO blinks

Investors buy into debut AI healthtech listing
Nov 19, 2021 (WiC 564)

China has a shortage of doctors and, as a natural consequence, a lack of medical specialists too. This means patients are often misdiagnosed or undiagnosed – at rates of more than 60% for some medical conditions and illnesses. One ...

Pills and platforms

Online healthcare sector to get new scrutiny
Nov 12, 2021 (WiC 563)

In April this year the owner of China’s largest gay dating app Blued was given the licences needed to open an ‘internet hospital’. “This essentially closes a glaring gap in the field of men’s health in China, itself a sector that is ...

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