On 17th September the French Healthcare Alliance (FHA) held its 8th plenary meeting in Shanghai. Around 100 participants representing a wide range of health-related industries and companies participated in the networking event and roundtables. Benoit Guidée, Consul General of France in Shanghai congratulated the vibrant community of French healthcare companies operating in China and emphasized the key role they play in furthering the rich cooperation between France and China in the field of health.
The FHA invited 15 industry experts to provide the audience with a deep-dive into the industry latest trends and updates on topics ranging from regulatory reforms to digital innovation and the challenges and opportunities of e-commerce in healthcare.
The first panel provided insights on the current situation and new developments in China in the medical devices, pharmaceutical and diagnostics industries. Experts from BioMerieux, CMS, the European Chamber of Commerce in China, Ipsen and Jumo Partners agreed that despite being structured in different ways all three markets will keep on growing in the coming years albeit at different speeds. Centralized procurement is a challenge that pharmaceutical and medical devices multinational companies will need to adapt to. However, all experts agreed that these challenges would be counterbalanced by the volume of China’s market and the acceleration of new products registration.
The second panel looked at the latest innovations in the field of artificial intelligence, biometrics and analytics and their impact on the business. Together with representatives from Deloitte, ITConsultis, Observia and Xnode identified some of the top trends to look at in the healthcare industries: how to integrate data into a product’s life cycle; how to use analytics and AI for specific needs – such as oncology; innovative solutions for drug access & patients. Experts also discussed how big players and smaller ones could collaborate in an open way.
During the last panel, representatives from Publicis, Sanofi, Servier and Thuasne discussed the challenges and opportunities of e-commerce for the healthcare industries in China. They looked more specifically at the new rules and practices in terms of supply; marketing and cross-border flows.
The FHA’s co-presidents, Benoit Colinot (Business France) and Pierre Faury (Sanofi) gave a brief overview of the FHA’s purpose and upcoming activities. They called on the audience to actively take part to the FHA’s activities and join as steering committee members because the value of the FHA depends on its members’ involvement!
The FHA would like to thank its generous sponsors: Deloitte, Aden Services and CMS for their support in organizing this event!