TCL Healthcare enters the High Dose Rate Brachytherapy solutions market in China

Eckert & Ziegler BEBIG GmbH and TCL Healthcare Equipment (Shanghai) Co., Ltd signed a joint venture agreement to enter the High Dose Rate Brachytherapy solutions market in China.

The parties will develop, manufacture and distribute an HDR afterloader for the Chinese market. The joint venture will trade under the name TCL Eckert & Ziegler BEBIG Healthcare (Wuxi) Co. Ltd. and is owned 51% by TCL Healthcare Equipment (Shanghai) Co., Ltd. and 49% by Eckert & Ziegler BEBIG GmbH.

TCL Healthcare Equipment (Shanghai) Co., Ltd. is part of the TCL Healthcare Group (a listed Chinese company) and Eckert & Ziegler BEBIG GmbH is part of Eckert & Ziegler AG.

http://sea.tclmedical.com/gongsixinwen/20190801159.html 

 

About TCL Healthcare Equipment (Shanghai) Co., Ltd. (TCL Healthcare Equipment)

TCL Healthcare Group, established in 2009, is one of the leading suppliers of healthcare diagnostic imaging products in China and a provider of  third-party imaging services.

 

About Eckert & Ziegler BEBIG GmbH (Eckert & Ziegler BEBIG)

Eckert & Ziegler BEBIG is a European-based group active in the medical device segment of the health care industry. Its core business is the production and distribution of medical products for the treatment of cancer using brachytherapy. The company headquarters are in Germany, with production facilities in Germany and in the USA, as well as offices throughout Europe, Asia and the USA. In addition, Eckert & Ziegler BEBIG has a worldwide network of distributors and agents to support the international marketing and distribution of its product line. The company’s products and equipment are intended for use by oncologists, radiotherapists, urologists, ophthalmologists and medical physicists.

Daijia helped the 2nd Hospital of Jilin University pass the “Interconnected Hospital Information Test”

China’s National Health Commission recently announced results for the Interconnected Hospital Information test and the Second Hospital of Jilin University passed the four-level assessment with a high score 91.17. Daijia HealthUnion implemented a full hospital IT system based on its HiUp 2.0 system, which helped the hospital pass the test. The Second Hospital of Jilin University is a leading Class III hospital in both Jilin Province and north-eastern China with 2,789 beds.

The hospital’s full IT solution is based on internationally accepted “Healthcare Information Exchange” technology. Daijia’s HIE platform allows cooperation between clinical departments, the hospital’s management team, and the IT department to develop a suite of IT solutions including an information integration platform, clinical data centre, clinical research data centre, operating data centre, EMR, CDSS, ETL tool, BI, management tools, patient applications, etc, all within 18 months.

Monitoring Interface of Daijia’s HiUp2.0

 

About Daijia HealthUnion

Daijia HealthUnion is a leading healthcare IT company in China. Daijia can provide health information products and solutions including: imaging solutions, diagnostic platforms, data solutions, telemedicine solutions, cloud imaging solutions, patient applications and others.

Buchang announces dividend for 2017

Buchang held its 2017 Annual Shareholder Meeting in June 2018, where it approved the payment of its FY2017 dividend and announced a bonus share issue. Details of these are set out below:

– Dividend: FY2017 profit distribution plan of RMB1.614 per share (before tax)
– Bonus Share: the issuance of 3 new shares for every 10 existing shares held

In addition, the Company also finalised its FY2018 budget as follows:

– revenue of RMB16.2 billion (a 16.8% increase Y-o-Y), and
– net profit of RMB1.8 billion (a 9.8% increase Y-o-Y)

 

About Buchang

Buchang Pharmaceuticals is one of the leading traditional Chinese medicine (TCM) companies in China. Buchang was founded in 1993 by Mr. Zhao Buchang and his eldest son, Mr. Zhao Tao. Starting as a small TCM drug manufacturer, Buchang has evolved into a sales and marketing powerhouse. The Company has the most extensive sales network amongst its peers in China, covering over 15,000 hospitals and 150,000 drug stores. The Company’s product portfolio consists of in-house developed products, as well as products that it acquired and turned into blockbusters. Buchang’s brand name is widely recognized by physicians and patients throughout China.

Daijia completes Series A-2 fundraising round

Daijia recently completed a US$10.0 million Series A-2 fundraising round to support working capital, to enable the Company to push forwards with its plans to broaden its sales channels, and to fund certain R&D expenses.

 

About Daijia

Shanghai Daijia Medical Information Systems Ltd., is a Shanghai based healthcare IT company that engages in research, development, manufacturing, sales, system integration and maintenance services for Data and Imaging solutions, and other healthcare IT solutions.

 

Buchang announces dividend for 2016

Buchang held its 2016 Annual Shareholder Meeting in May 2017, where it approved the payment of its FY2016 dividend. The Company will distribute a total cash dividend of RMB 1.1 billion, or RMB 16.14 for every 10 shares held (before tax). The dividend is expected to be distributed in July 2017.

 

About Buchang

Buchang Pharmaceuticals is one of the leading traditional Chinese medicine (TCM) companies in China. Buchang was founded in 1993 by Mr. Zhao Buchang and his eldest son, Mr. Zhao Tao. Starting as a small TCM drug manufacturer, Buchang has evolved into a sales and marketing powerhouse. The Company has the most extensive sales network amongst its peers in China, covering over 15,000 hospitals and 150,000 drug stores. The Company’s product portfolio consists of in-house developed products, as well as products that it acquired and turned into blockbusters. Buchang’s brand name is widely recognized by physicians and patients throughout China.

AMS acquired by A-share listed Dongcheng

Dongcheng, a pharmaceutical company listed on the A-share market (SZSE:002675), signed an agreement  to acquire 100% of the outstanding shares of AMS in May 2017. The transaction values AMS at a valuation of RMB1.6 billion, which is equivalent to a FY2016 P/E multiple of 24.4x.

According to the agreement, SKR expects to receive a cash payment for 50% of its shareholding on completion of the transaction based on a valuation of RMB1.6 billion, and an additional cash payment for the remaining 50% shareholding at the fair market valuation of AMS based on FY2019’s audited financial statements.

 

About AMS

Advanced Medical Systems Limited provides radiopharmaceuticals to hospitals and imaging centres for use in Positron Emission Tomography (“PET”) scanners and Positron Emission Tomography / Computed Tomography (“PET/CT”) scanners. The Company is the #1 player in China in the positron radiopharmaceutical industry and one of only two companies licensed to produce and sell Fluorodeoxy- glucose (F18-FDG), which is used in PET/CT scanners. AMS also distributes cyclotrons and provides maintenance services for nuclear medicine equipment.

Buchang completes A-share IPO

We are delighted to announce that Buchang completed its A-share IPO on 18 November 2016. The Company listed on the main board of the Shanghai Stock Exchange under the ticker symbol 603858. A link to the news story on the Company’s website can be found here and a link to Buchang’s share price quote can be found here (Bloomberg).

 buchang-ipo-sse

About Buchang Pharmaceuticals

Buchang Pharmaceuticals is one of the leading traditional Chinese medicine (TCM) companies in China. Buchang was founded in 1993 by Mr. Zhao Buchang and his eldest son, Mr. Zhao Tao. Starting as a small TCM drug manufacturer, Buchang has evolved into a sales and marketing powerhouse. The Company has the most extensive sales network amongst its peers in China, covering over 15,000 hospitals and 150,000 drug stores. The Company’s product portfolio consists of in-house developed products, as well as products that it acquired and turned into blockbusters. Buchang’s brand name is widely recognized by physicians and patients throughout China.

Buchang receives CSRC approval for its planned A-share IPO

buchang-logo

We are very happy to report that Buchang Pharmaceuticals, China’s leading private traditional Chinese medicine company and a HAO II portfolio company, received listing approval from the China Securities Regulatory Commission (“CSRC”) on 13 July for its planned A-share IPO.

A link to the announcement on the CSRC’s website (in Chinese) can be found here.

LP Amina introduces new coal-upgrading technology at Montana Energy Conference

March 29, 2016 – Billings, MT — LP Amina presented its proprietary technology, BenePlus, on the opening day of the Montana Energy Conference.

Detailed coverage can be found on the Billings Gazette.

About LP Amina

LP Amina is a multinational environmental engineering company with offices in China and the United States. The company was founded in 2007 and since then has evolved from being a niche supplier of advanced pollution control technologies to Chinese coal-fired power plants to an integrated clean energy solutions provider to a wide range of industries globally, including gas-fired power generation, cement, pulp and paper and industrial chemicals. LP Amina’s technology platform consists of poly-generation solutions that co-produce electric power and high-value chemicals and synthetic crude oil, bringing industries together to maximize the efficient use of world’s natural resources.

About the Montana Energy Conference

The Montana Energy Conference is held annually and consists of education sessions and discussions with energy professionals, policy and decision makers at all levels, contractors and associated industry professionals. The event provides an all-encompassing look at Montana’s energy potential.


This news story was original posted on the LP Amina company website here.