08-Mar-16 According to a circular issued by China's State Council, generic drugs already available on the market should be assessed on whether they are consistent with brand-name drugs, and if they could be used clinically. Crucially, generics that pass the assessment will be included under national insurance coverage. [image: People's Daily Online]
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02-Mar-16 Investors have become increasingly chittery about China’s investment prospects. Almost all the big “Western” hospital chains have steered clear of Emerging Markets. The biggest of all, Hospital Corporation of America, has only gone as far as London. Private hospitals in Emerging Markets need links to local politicians and governments to win projects. [image: World Crunch]
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02-Mar-16 Australia's Ramsay Health Care has scrapped its proposed hospital joint venture in western China because several conditions weren't met. In total, the JV was expected to cover five hospitals with approximately 2,300 beds and a focus on women's health, mental health, and traditional Chinese medicine. [image: Ramsay Health Care]
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01-Mar-16 Chinese scientists have built an “invisible” circuit in a layer of material used to make contact lenses for the first time, a technological breakthrough that could spur the development of new wearable devices. The circuits could be placed on the skin, to sense pressure, temperature and even stretch, thus helping people with prosthetic limbs restore their sense of touch. [image: YouTube]
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29-Feb-16 An agreement worth RMB10 bn (USD1.5 bn) has been signed between WuXi AppTec and Ping An Bank jointly to explore the health industry. According to the deal, Ping An will provide a credit line for WuXi AppTec to promote the pharmaceutical platform company's development in the domestic market. [image: Chinatopix / Getty Images]
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