Asia Execs To Watch: China’s Tencent Snatches Up Healthcare Talent
China’s big three, Baidu, Alibaba and Tencent, deepen involvement in healthcare, hiring talent and eyeing digital health platforms.
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When China’s e-commerce giant Alibaba flexes its muscles, this time in personalized healthcare using artificial intelligence, everyone takes note.
As the largest manufacturer of active pharmaceutical ingredients globally, China is bracing for more uncertainty amid the global pandemic and fast-changing environment, particularly in the US.
Despite leading multinational pharma firms including AstraZeneca again delivering double-digit growth in China, the impact of coronavirus and an expanding volume-based purchasing scheme begin to surface.