Three weeks ago, CCTV reported the drug kickback scandals in six 3rd class public hospitals. All the doctors involved were penalized. This CCTV report has continued to be a hot topic in multiple WeChat public accounts that I monitor to gauge for our clients how the on-the-ground reality for pharmaceutical companies is changing. In order to assess the real reaction by physicians towards this CCTV reporting, I had a few conversations with some of my old doctor friends from 2nd and 3rd level hospitals in different cities. Without exception from … [Read more...] about Are Reforms Focused on Pharma Kickbacks in China, the Last Straw to Push Doctors to Leave?
"These days, it seems China is beating America at almost everything.Take obesity: A recent study published shows that China can now lay claim to having a greater percentage of obese men and women than in the United States.Perhaps Americans can take solace with the realization that China’s success has only come on the heels of Western fast food chains penetrating a domestic Chinese market." More in today's Forbes column. … [Read more...] about China’s Growing Obesity Problem (Forbes)
A past home healthcare client reached out to me right before Christmas around some challenges they had encountered in pursuit of their license in China. Our exchange triggered a couple of thoughts on my part as foreign senior housing and home healthcare companies craft their market access strategies.First, we cannot underscore enough how divergent the experiences municipality-to-municipality are for the licensing process in healthcare and senior care. The central government publishes these big ideas about what it wants to see happen with … [Read more...] about Challenges Getting Licenses for Overseas Home Care & Senior Care Operators in China
Think Moore's Law only applies to the number of transistors in an integrated circuit? It doesn't. It also has application to gene sequencing and the new frontier promised by personalized medicine. More in at Forbes today. … [Read more...] about Meet The Chinese Company That Wants To Be The Intel Of Personalized Medicine (Forbes)
"Recently I spent the afternoon with several senior executives from a large Chinese biotech company. They were all great examples of the so-called “sea turtle,” a Chinese born professional who completed their undergraduate degree in China, then left for the United States where they received both their PhD and over a decade of experience working for some of the biggest life science companies there. What brought us together was a specific question over a new innovative platform they would be bringing to market; however, we ended up spending a … [Read more...] about Inefficient Innovation in China (WiCON)
On December 23rd, China's State Council issued a document titled “Fully Opening Up Senior Care Service Market” with a particular emphasis on the lifting of market access requirements. A big thank you to Yu Yan for bringing the document forward and providing insights.Now, if you're like most senior living and home healthcare executives we work with, you are probably asking yourself something like the following: "Great! I think. Unless this is more of the same, and then it's just bureaucratic bovine scatology." I shamelessly pull the … [Read more...] about China’s State Council Lifts Market Access for Senior Care Companies … Again