China

Credit: Ping An Good Doctor

By Dean Koh May 15, 2019
Ping An Good Doctor, China’s one-stop healthcare ecosystem platform, announced that it will be forming a strategic cooperation with Wyeth Nutrition, a nutrition and health company that is part of the Nestlé Group. What’s it about Both parties will utilise their strengths in their respective fields for an all-round cooperation in areas including the new healthcare services, new technology...

Screengrab of QTC Care's website.

By Dean Koh April 29, 2019
Established in the US in 2013, Shanghai-headquartered QTC Care, a healthcare platform that uses AI to streamline treatment recovery and disease prevention, announced that it has raised $7M in series A funding. The investment was led by a Chinese internet giant, Tencent, followed by several other top investors in China. Just last week, Tencent-backed Trusted Doctor said that it had raised $250M in...

Credit: Tencent

By Dean Koh April 26, 2019
China's Tencent Trusted Doctor, a venture backed by tech giant Tencent Holdings, announced that it had raised $250M in a fundraising round. The investment was led by Country Garden Holdings, Tencent Holdings and Sequoia Capital, Tencent Trusted Doctor said in a statement. The fundraising marked the first investment since the entity was formed through a merger of Tencent Doctorwork and Trusted...

Credit: Ping An Good Doctor

By Dean Koh April 11, 2019
China’s one-stop healthcare ecosystem platform, Ping An Good Doctor, recently stationed a "One-minute Clinic" at Shanghai Jiao Tong University. This new offline service scenario provides teachers and students with an alternative option to the medical clinics on campus. What’s it about As the first unmanned clinics currently in commercial operation in China, One-minute Clinics utilise Ping An Good...

Credit: Landing Medical

By Dean Koh April 5, 2019
China Maternal and Child Health Care Association and Wuhan University Landing AI Cytology Diagnostic Centre recently launched a cervical cancer screening AI cloud diagnostic platform. The platform can be accessed worldwide as of April 1, 2019 and women, especially those from countries along Belt and Road Initiative, will be able to benefit from a high-quality, low-cost cervical cancer screening...

PatientsLikeMe founder Jamie Heywood and iCorbonX founder Jun Wang pose together.

By Dave Muoio April 4, 2019
A Chinese firm holding the majority stake of PatientsLikeMe, an online network for information, support and study recruitment for chronic conditions, is facing pressure from a US federal committee to sell its shares of the company due to concerns of foreign investment and influence, according to a CNBC report citing anonymous insiders. iCarbonX, a health data and genomics company founded by...

Credit: Ping An Good Doctor

By Dean Koh February 28, 2019
China’s one-stop healthcare ecosystem platform, Ping An Good Doctor, yesterday announced its first annual results since listing: the company recorded a revenue of RMB 3.34 billion, representing a year-on-year increase of 78.7%. The three key indicators of the company – registered users, monthly active users (MAU) and monthly paying users (MPU) continued to grow at a rapid rate in 2018. As of...

Above: Screengrab of Burning Rock's website.

By Dean Koh February 14, 2019
Burning Rock Biotech, which was founded in 2014 and focuses on NGS (Next-Generation Sequencing) diagnostics solutions for precision medicine in oncology, today announced the closing of the Series C financing totaling RMB 850 million. The financing was led by GIC, followed by LYFE Capital, CMB International Capital, Lilly Asia Ventures (LAV), Sequoia Capital China and T&Brothers Capital. The...

From left to right: (Ying Tang, Vice President, Head of Business Operation, Healthcare, Merck China; Rogier Janssens, Managing Director and General Manager, Biopharma, Merck China; Chris Round, Executive Vice President, Head of International Operation & Global Core Franchise, Healthcare, Merck; Meng Zhang, Vice President, Tencent Medical; Jordan Liu, Strategy and Business Development Director, Tencent Medical)​. Photo credit: Merck

By Dean Koh January 24, 2019
Yesterday, Merck, a German multinational pharmaceutical, chemical and life sciences company, and Tencent, a Chinese multinational investment holding conglomerate, signed a strategic collaboration agreement. The collaboration will primarily focus on increasing public disease awareness and providing more accessible healthcare services via digital platforms in China. “In this collaboration with...

Credit: Ping An Good Doctor

By Dean Koh January 22, 2019
Ping An Good Doctor, a one-stop healthcare ecosystem platform from China, recently announced that their “Voiceprint Login System” (“Voiceprint Lock”), jointly developed with Unisound, an intelligent voice and language technology company in China, has achieved a login success rate close to 99%. The breakthrough came after several model optimisations and upgrades. In December 2017, Ping An Good...