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Zhuhai Blue Ocean Aims to Raise USD1 billion in Hong Kong IPO

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13-May-15 Chinese hospital-investment firm Zhuhai Blue Ocean Strategy Medical plans to raise about USD1 bn in a Hong Kong initial public offering in the third quarter of 2015. Founded in 2010, the private company provides hospital management services and has formed business partnerships with over 300 hospitals across 200 cities. [image: Reuters]

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Raffles Medical to build 400-bed hospital in Shanghai

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13-May-15 Singapore's Raffles Medical Group will develop a general hospital in Shanghai as part of a joint-venture - its first hospital outside of Singapore. The 400-bed hospital will be built in Shanghai's Pudong New Area, and will cater to locals, expatriates and visiting international patients. [image: Raffles Medical Group]

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China lifts price control on most medicines

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06-May-15 China will lift price controls on most medicines starting from Jun-15, following which medicine prices will be decided by the market, the National Development & Reform Commission (NDRC) has said. Only narcotics and some listed psychotropic drugs will continue to be controlled by the government, with ceiling retail prices. [image: AFP Photo / Anthony Wallace]

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Bayer making deep inroads across China

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06-May-15 Bayer HealthCare reaffirmed its strong position in China's healthcare industry with sales of EUR1.7 bn (USD1.9 bn) in 2014, 14% up on 2013. Its pharmaceuticals business grew at 15% in China, with a 26% spike in its consumer care business and 11% growth in its animal healthcare division. [image: China Daily]

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