China Resources Pharmaceutical Group Ltd. has filed for an initial public offering in Hong Kong that could rank it among the biggest health-care-related deals expected this year in Asia, reports The Wall Street Journal. The company, the pharmaceutical arm of one of China’s biggest conglomerates, is looking to raise more than $1 billion and could […]
Category: Health Care
The Financial Times reports the amount of tobacco sold in China fell last year for the first time in more than 20 years, as a government health drive and rise in excise taxes began to take effect. China has long bucked the trend of falling tobacco volumes: in the past ten years, while worldwide sales […]
Beijing’s decision to allow all married couples to have two children is driving a surge in demand for fertility treatment among older women, putting heavy pressure on clinics and breaking down past sensitivities, and even shame, about the issue. According to the South China Morning Post, the rise in in-vitro fertilization points to the deferred […]
Promises of higher salaries and greater freedom at work are luring officials from China’s high-profile drugs watchdog to the companies they had regulated, a blow just as the country looks to tighten oversight and drive innovation. China wants to crack down on substandard drugs and healthcare as it seeks to produce more of the drugs […]
The death of a college student with cancer has drawn attention to Baidu Inc.’s advertising practices. The Wall Street Journal reports that Baidu faced harsh criticism from online users and state media following the death of Wei Zexi, a college student, after he and his family found an alternative cancer treatment through a sponsored Baidu […]