IDS Medical Systems of Hong Kong formed a China JV with WeDoctor, the Tencent online healthcare portal, to provide an online supply chain that centralizes supply of medical devices and consumables. idsMED distributes medical devices in Southeast Asian countries: the JV will expand the company’s operation to include mainland China. In addition, the new JV, idsMED WeDoctor China, teamed up with Changting County in Fujian Province to build a medical device platform in Ting Zhou, China, which expects to attract domestic and foreign medical device companies to Changting.
Source: China Biotoday
