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Philips To Focus On Community And Rural Healthcare In China

This article was originally published in PharmAsia News

Executive Summary

Philips will focus on China's community and rural healthcare in the next three years. The firm will provide health welfare collaboration projects with $1 million in funding, along with products, technology and training support, to promote the country's community healthcare development, which includes the recently started community chronic disease management program with the local Red Cross Society. Top priority will be given to rural and less-developed western regions of China. The firm is setting up a distribution system for the market and investing RMB 2 million in a three-year rural healthcare program. Philips' healthcare business posted double-digit growth in Q1 of 2009 in China. (Click here for more - Chinese Language)
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