Source: State Media
Category: Health Care
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GE moving X-ray unit HQ to Beijing
US-based General Electric (GE.NYSE) will relocate the headquarters of its X-ray devices unit to Beijing to better exploit growth in the country’s health-care market, the Wall Street Journal reported. According to statements made by Anne LeGrande, vice president and general manager of GE Healthcare Global X-Ray, the subsidiary has already begun transferring senior management, and […]
China’s drug regulator ordered a recall over the weekend of an antibiotic manufactured by UK-based pharmaceutical company GlaxoSmithKline (GSK.LON) that had been shown to contain traces of a banned plasticizer, state media reported. Tests showed that amoxicillin and clavulante potassium produced by GSK contained traces of Di-isodecyl phthalate, used to make plastics more flexible, according […]
Pfizer (PFE.NYSE) announced Thursday that it intends to form a joint venture with Zhejiang Hisun Pharmaceuticals, a partnership that would allow the two pharmaceutical companies to collaborate on manufacturing and marketing branded generics in China, Dow Jones reported. The memorandum of understanding states that both companies could contribute certain existing products and other relevant assets […]
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China Sky One Medical
This traditional Chinese medicine peddler’s results are too good to be true