About 30% of Chinese adults, roughly 320m people, are overweight and about 12% obese, China’s health watchdog said last week. As China escaped from decades of poverty, obesity was connected with higher incomes. But there is mounting evidence that, as has occurred in western countries, the link with affluence is breaking, with lower-income urban residents […]
Category: Health Care
A Chinese consortium is buying Ansell’s condom division, the world’s no. 2 condom maker, for $600 million, betting on surging demand in China as sex becomes less of a taboo subject and more emphasis is placed on public health education. The Australian firm, which put its oldest but smallest division up for sale last August, said it […]
The world’s largest pharmaceutical companies, which are struggling with pricing pressures in China, are hoping that wider access to drugs and a faster approval process will boost sales. China is the world’s second-largest pharmaceutical market with sales worth $116.7bn in 2016. But the spread of public health insurance has handed provincial governments greater power over […]
Swiss drugmaker Novartis AG expects growth in China’s pharmaceuticals market to accelerate as the nation’s health authorities expedite approvals for new medicines and increase reimbursement, Bloomberg reports. The Chinese pharmaceutical market may exceed $300 billion in sales by 2020, Chief Executive Officer Joe Jimenez said in an interview in Geneva on Tuesday. The country is now the world’s second-biggest […]
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US hospitals move into China market
US hospital chains are trying to carve out a slice of China’s growing medical pie, by joining hands with private hospitals on the mainland. Caixin reports that two American hospitals have become the latest addition to a growing list of about 100 foreign clinics that have partnered with local health service providers in recent years. […]