Jennifer Kung, international division marketing manager of Huashan Hospital Pudong, on China’s healthcare system: "Have you been to a Chinese hospital? You will see people lining up from 5am to 6am just to see the doctor…The concept of service is still not important to Chinese people, I don’t think." Source: Telegraph.
Category: Health Care
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Merck strikes deal with Sinopharm
Merck (MRK.NYSE) announced on Tuesday that it has reached a deal with China National Pharmaceutical Group (Sinopharm; 1099.HK) to market vaccines and other drugs, AP reported. Merck will use Sinopharm, China’s largest pharmaceutical group with revenues of US$9.5 billion in 2009, as its joint venture partner in the country to sell and distribute a wide […]
Singaporean health care company Parkway is about to be sold, but is its business model a winner?
China’s Ministry of Health announced plans on Monday to contain the spread of syphilis, setting a target to wipe out congenital syphilis by 2020, South China Morning Post reported. Health authorities also pledged to cut the increase in general syphilis infections to less than 5% a year by 2015. The rate has been growing by […]
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A prescription for success
China’s drug outsourcing business is on steroids, but domestic drug development is still years away