It appears more money will go toward the direction of China.  VC money is nothing new and in another post there were 2 VCs duking it out over their investments.  Last year as well in somewhat of a landmark decision, the FDA accepted and was trusting of Chinese Clinical Trial data.  image

Columbia Pacific, a Seattle investment firm 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. 

Chinese MRIs, Coming to Your Hospital

The Health Insurance carriers are already there taking up a stake in the potential business as well.

WellPoint settles Calif. lawsuit and Who’s going to China?

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 approved sweeping reform of its health care system, 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.

Most of the investors that stand to benefit are based in China — Qiming Ventures and Shenzhen Capital Group prime among them. But Asian branches of major American firms are also looking for a slice of the pie — with Sequoia Capital China, Intel Capital and biotech focused MPM Capital leading the charge. MPM already took part in the $37 million round for Taipei-based Taigen Biotechnology, one of the four Chinese health companies that has taken capital so far this year.

VCs already eyeing potential in new Chinese health care reforms » VentureBeat

Related Reading:

China Biotech in Review – Predictions place China as the World’s Leader by 2012

Two Venture Capital Firms Set to Duke it out in Court over Chinese Clinical Trial Company
WuXi To Benefit from Global Outsourcing – China
Taiwan Firms Companies with hospitals in China – New Paradigms?
First US FDA office unveiled in Beijing
Chinese Pharma and US Clinical Trials Partnership– HUYA, San Diego and Chipscreen, China
Microsoft looking to China to create new products
WellPoint settles Calif. lawsuit and Who’s going to China?

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