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Hony, Goldman lead USD610 million investment in China’s Neusoft

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12-Dec-14 Shenyang-headquartered Chinese IT solutions and service provider Neusoft Corp says it intends to sign an agreement with an investor consortium including Chinese private equity firm Hony Capital and Goldman Sachs, to help the company transform its healthcare businesses. [image: China Money Network]

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Medtronic and other foreign medical device players face more competition in China

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11-Dec-14 Medtronic will turn over more than USD900 million in China this year, up from only USD50 million ten years ago. Its China strategy is multi-faceted, involving imports, local R&D, patient education and M&A. Despite this success, the advantage Medtronic - along with other foreign device makers - has carved out, is increasingly under pressure from local players, whose ability to innovate and drive costs down via frugal engineering is creating a new standard of excellence. [image: China Business Review]

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China healthcare draws investors

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10-Dec-14 Mergers and acquisitions in China’s healthcare sector rose to a record USD11.3 billion in the first 11 months of 2014, up 13% from a year earlier. A combination of ageing population and increasing affluence is driving the deal-making, coinciding with sweeping reforms by Chinese government. [image: Feucht Blog]

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India “too reliant” on Chinese drug imports

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05-Dec-14 India produces a third of the world's medicines, mostly in the form of generic drugs. But more than 80% of the raw materials for these drugs are imported from China. That gives its neighbour a virtual monopoly over pricing and supply - so much so that there are now no domestic Indian producers of many essential medicines, a situation that worries the Indian government. [image: The Insider]

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