
Huawei Officially Approved to Produce Medical Devices
On October 8th, Guangdong Provincial Food and Drug Administration announced that Huawei's "single-guide ECG blood pressure wrist device" was officially approved for production.
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On October 8th, Guangdong Provincial Food and Drug Administration announced that Huawei's "single-guide ECG blood pressure wrist device" was officially approved for production.
Its lead investor in this round is Boyu Capital, while co-leading investors are Temasek and Sequoia China. Existing investors such as 3H Health Investment, LYFE Capital and Guoce Capital also participated in this round.
With the recent relaxation of the Chinese government's zero COVID policy, drugs for flu symptoms and fever such as Ibuprofen and Lianhua Qingwen, antigen test kits and vitamin C tablets are out of stock in pharmacies and e-commerce platforms.
Medical device maker JancsiTech announced the completion of its most recent round of financing. This round was led by Sequoia China Seed Fund.
This round of finaning was led by Alibaba Health and followed by Ether Capital. China Renaissance acted as the exclusive financial adviser to the deal.
Chinese medical technology firm magAssist has completed a C round of financing worth nearly 500 million yuan ($78 million), led by Sequoia China, followed by CDH Innovation and Growth Fund and Cenova Capital.
Ashermed, a digital clinical research organization (CRO) focusing on the post-launch services market for innovative medical equipment, announced the completion of round-B financing of over $14.86 million.
On the evening of December 13, Fosun Pharma, the exclusive commercial partner of Chinese COVID-19 oral drug Azvudine, confirmed that the pills can soon be prescribed through online medical platforms.
China has given conditional approval for the general public use of a Covid-19 vaccine developed by Sinovac Biotech, making it the second home-made vaccine to get the green light for mass inoculation.
As the Omicron coronavirus variant spreads across China, the risk of silent hypoxia to the elderly population has received significant attention. As an effective means to monitor blood oxygen level and prevent critical illness, oximeters are now selling rapidly.
Some non-traditional manufacturers of medical supplies including masks, plastic gloves and disinfectant have joined the effort.
Tencent, a virtual game developer giant in China, just played a "win-win" game in reality with a National Football League (NFL) team of the United States.