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News on Healthcare in China

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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 ...

China’s jabless rate

Is the nation falling behind in race to vaccinate?
Feb 19, 2021 (WiC 529)

China’s response to the Covid-19 crisis has provoked different reactions. The initial handling of the outbreak is still viewed critically by many, although subsequent efforts to ship crucial supplies to other nations for their own fight against ...

A clean bill of health

JD Health bags $3.5 billion in IPO as ‘Big Health’ competition intensifies
Dec 4, 2020 (WiC 521)

“If we get it right in the healthcare sector, we could create another JD.com,” Richard Liu once told his right-hand man Xin Lijun before spinning off the e-commerce firm’s telemedicine division in 2018. Two years after that exercise, JD ...

Medical precision

RemeGen bags $515 million in one of world’s largest biotech IPOs
Nov 20, 2020 (WiC 519)

Zhejiang-born Fang Jianmin has only one idol: Bob Langer, the prolific chemical engineer who owns more than 1,000 patents, and has spawned nearly 40 companies in the medical field through his lab at the Massachusetts Institute of Technology. ...

Issues at heart

New procurement process to drive down medical cost
Nov 20, 2020 (WiC 519)

One of the oft cited reasons for why mainland Chinese save so much is the high cost of medical care. Because families could be landed with hefty hospital bills due to accidents or illness, they have traditionally consumed less, preferring to ...

China rolls out experimental Covid-19 vaccines
Oct 23, 2020 (WiC 515)

American virologist Jonas Salk completed a number of bold trials before succeeding in developing a polio vaccine in 1955. That included injecting the vaccine into himself, his wife and his three sons three years before it was allowed to be ...

A maker of masks and cotton goods is the new star on ChiNext
Oct 2, 2020 (WiC 513)

US healthcare giant Johnson & Johnson did not start out making baby oil or medical prescriptions. Its founders built the century-old enterprise on antiseptic surgical supplies. Early products such as absorbent cotton and gauze dressings were ...

Are you absolutely positive?

BGI in Swedish row over how Covid test results are interpreted
Sep 11, 2020 (WiC 510)

Brunei, an oil-rich sultanate in Southeast Asia, seems to have contained the coronavirus outbreak pretty effectively. As of September 7, the local infection rate was one of the lowest worldwide. Health authorities attribute some of their success ...

Seeking immunity

Chinese firms head the Covid-19 vaccine race with three Phase III candidates
Aug 28, 2020 (WiC 508)

Smallpox, which caused as many as 300 million deaths in the twentieth century alone, stopped being a threat to humanity in 1979. Its eradication was the fruit of a globally coordinated vaccination programme. Today, over 170 teams of scientists ...

Covid-19 not under control, says Hong Kong’s boss
Jul 24, 2020 (WiC 505)

In May and June Hong Kong had seemed a relative safe haven insofar as the coronavirus was concerned. There were few locally transmitted cases and long periods when no new infections were reported in the community. At one point, only about 30 ...

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