BRIEF: Concord Healthcare ties with Mayo Clinic to improve management
Medical services provider Concord Healthcare Group Co. Ltd. (2453.HK) said Thursday it has entered into an agreement for Mayo Foundation, operator of the Mayo Clinic, to provide it with consulting…
BRIEF: Wai Yuen Tong profit rises six-fold on non-operational gains
Drug and healthcare products maker Wai Yuen Tong Medicine Holdings Ltd. (0897.HK) announced on Wednesday its revenue fell 5.8% year-on-year to HK$347 million ($45 million) in the six months to…
INDUSTRY BRIEF: China relaxes rules for foreign investment in hospitals
China has unveiled a pilot program to encourage more foreign investment in the country’s hospitals, allowing foreigners to fully own medical facilities in eight cities, including Beijing and Shanghai, Caixin…
Inaugural operating profit fails to lift 111 Inc.
The drug distributor expects to benefit from an ongoing crackdown on corruption in its industry due to the company’s focus on distribution to pharmacies rather than hospitals Key Takeaways: 111…
FAST NEWS: EUDA Health to merge with developer of cancer, women’s health treatments
The Latest: Singapore-based digital health platform EUDA Health Holdings Ltd. (EUDA.US) said on Thursday it has signed a letter of intent to merge with TheoremRx Inc., a U.S.-based developer of…
I-Mab Shaken by Management Moves, Merger Talk and Delisting Threat
Cancer drug maker has been in a wide range of market-moving headlines lately, though its stock still trades near an all-time low Key Takeaways: I-Mab was placed on a list…
Hutchmed Roils Markets With Changing of Its Guard, U.S. Delisting Threat
U.S. securities regulator singles out company for potential delisting, a week after Hutchmed announced its CEO will step down after almost 22 years Key Takeaways U.S. securities regulator says Hutchmed…