China looking good to Venture Capitalists for Investments in HealthCare
It appears more money will go toward the direction of China. VC money is nothing new and in another post there were
over their investments. Last year as well in somewhat of a landmark decision, the
of Chinese Clinical Trial data.
has also invested in building a chain of hospitals in China and other Asian countries as well, reported back in August of 2008 at a time here in the US where we are struggling to keep hospitals open.
The Health Insurance carriers are already there taking up a stake in the potential business as well.
The stake in money for healthcare has been evolving for a while and now with healthcare reform it appears to be growing. BD
Last week, China’s State Council
, infusing it with $125 billion to provide universal medical coverage by 2011. And already venture capitalists all over the world are anticipating the opportunities in life science fields — pharmaceuticals, device making, etc. — that this avalanche of new funding will make possible.
prime among them. But Asian branches of major American firms are also looking for a slice of the pie — with
,
leading the charge. MPM already took part in the $37 million round for Taipei-based
, one of the four Chinese health companies that has taken capital so far this year.
ducknetweb.blogspot.com
Tags: Capitalists, China, Good, healthcare products, Investments, Looking, Venture