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News on Healthcare in China

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The most talked about topic in China right now is a vaccine scandal
Jul 27, 2018 (WiC 419)

The Happy Dairy Commune was established in 1956 in a village in Hebei’s Shijiazhuang. It initially had 32 cows. Its long-serving chairwoman Tian Wenhua first joined as a vet in 1966 but by 1983 Happy Dairy had been licenced as one of just three ...

China banks on drug reform for affordable healthcare
Jul 20, 2018 (WiC 418)

In the first decades after it gained independence in 1947, India had little influence over the global pharmaceutical market. Imports made up nearly 90% of its drug consumption, while local prices for medicines were among the highest on ...

Stars in their eyes

Yestar to IPO on the back of plastic surgery craze
Jul 6, 2018 (WiC 416)

Two actresses climbed the celebrated steps at this year’s Cannes Film Festival. One was Fan Bingbing, one of China’s most famous stars. The other was Fan Bingbing too, or at least that is what many news outlets were erroneously reporting when ...

Vaccinated against failure?

SF Express sets out to prove Jack Ma wrong as it pushes into pharma
May 25, 2018 (WiC 410)

"Many logistics firms have gone public. But I could not see any difference in them before and after their listings, except [their bosses] becoming one of the richest tycoons, which is meaningless,” Alibaba’s Jack Ma declared, as he chided ...

Impressive growth

Shares of Viagra’s China alternative soar then plummet
May 25, 2018 (WiC 410)

Pharmaceutical giant Pfizer discovered its solution to erectile dysfunction (ED) by accident. According to company legend, Pfizer was investigating the application of sildenafil citrate as a treatment for high blood pressure but discovered it ...

CSPC Pharmaceutical displaces Lenovo in HSI
May 18, 2018 (WiC 409)

When it went public in Hong Kong in 1994, CSPC Pharmaceutical Group was known as China Pharmaceutical Group. At that time whenever a firm had ‘China’ at the front of its name, that ‘national’ trademark usually suggested it was the ...

Bring on the unicorns

Good Doctor makes stock market debut as Xiaomi files for Hong Kong IPO
May 4, 2018 (WiC 407)

For a long time companies needed three consecutive years of profit before they could apply for a listing on Hong Kong’s main bourse. This rule was amended in 2004 to make way for “large corporations” with market values higher than HK$4 ...

Far from generic

Breakthroughs in China’s biotech sector are leading to IPOs
Apr 27, 2018 (WiC 406)

One of China’s major breakthroughs in mainstream medical cures happened in the early 1970s, when Ningbo-born scientist Tu Youyou came up with a drug for treating malaria called Artemisinin. Derived from sweet wormwood, it was meant to assist ...

A controversial drug arrest

Hongmao set to become a landmark case for TCM marketing
Apr 27, 2018 (WiC 406)

You’d have to be pretty naïve about human biology to believe that drinking Red Bull really “gives you wings”. But the slogan still got the drink brand into trouble five years ago, when an American consumer sued its Austria-based owner. The ...

New rules on blood donations hit hospitals and surgeons
Mar 23, 2018 (WiC 402)

In early February, Pu Buzhen was due to start chemotherapy for a rare bone marrow disease known as aplastic anaemia. The 34 year-old had waited a year for treatment. Her family had sold cars and property to pay for it. But 10 minutes into the ...

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