It's raining expansions and JVs in China!

Updated on 19 April 2013

Mr Kam Yuen, chairman and CEO, Golden Meditech, stated that, "The medical devices segment continues to be favoured by the Chinese policies on blood transfusion, while the healthcare services segment recorded a steady performance despite the Beijing haematology hospital operations being temporarily suspended until the 600-bed new hospital to be operational by the end of this fiscal year."

Given the policy targets in pharmaceutical industry of China, it is likely that China would churn out more innovation, cost efficient product ranges and provide quality protection to the investors.

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