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Updates

U.S. Urgent Care Company FastMed Moves Into China

June 23, 2017

FastMed, an up-and-coming U.S. urgent care company, has plans to expand into the Chinese market, which would make FastMed the first urgent care provider to move into the country. The company aims to open facilities in Shanghai and East China, with the long-term goal of having facilities throughout the country. FastMed is partnering with Yosemite Clinic, an ambulatory surgical center, and Pacific Springboard, a firm that specializes in bringing U.S. services to China.

Julphar Aims to Hit Half a Billion USD in Sales by 2020

June 23, 2017

Julphar, a UAE-based pharmaceutical company, plans to expand its sales to more than US$544 million by 2020, which would put them among the top three pharma companies in the UAE and Saudi Arabia. Julphar has recently introduced 34 new products, and plans to open factories in Saudi Arabia, Bangladesh and Ethiopia soon.

Malian App to Help Dermatologists Reach Rural Patients

June 22, 2017

A new app, Bogou, offers patients in rural Mali suffering from various skin diseases the chance to consult with a dermatologist via their smartphones to receive proper diagnoses and treatment plans. Mali currently has one dermatologist per one million people, and their population suffers from a heavy burden of debilitating skin diseases.

Partnership with RMS Regrow Allows Apollo Hospitals to Offer Advanced Cell Therapy Treatment

June 22, 2017

Apollo Hospitals, India’s largest hospital chain, recently partnered with RMS Regrow, a regenerative medicine company based in Pune, India. The partnership allows 40 Apollo Hospitals to offer advanced cell therapy treatment to orthopedic patients at the low cost of US$4.5–6K (3–4 lakh rupees). The partnership has the potential of helping 1.5 million orthopedic patients annually.

UAE Health Ministry, Jafza Sign MoU to Increase Pharma Opportunities

June 22, 2017

The UAE Ministry of Health and Jafza, a subsidiary of DP World, recently signed a MoU to spur growth in the UAE’s healthcare and pharmaceutical industries. By 2021, the country aims to have more than 75 major pharmaceutical companies, as well as double the number of drug-manufacturing facilities from 17 to 34.

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