On Thursday, October 13th, from 5.00 to 6.00 pm, the French Healthcare Alliance in China held an event about the topic Made in China in Healthcare industries.
Thanks to our speakers: Irénée Robin, Managing Partner at VVR Medical, Philippe Barroux, General Manager at Stago China, Yannick Ravier General Asia at Cartolux-Top Clean Packaging Group. And as a moderator, Benoit Derinck, General Manager of Thuasne China and French Healthcare Alliance Medical Devices working group lead.
Key takeaways:
- Market access is more challenging than before for foreign players, but innovative products still have a bright future, especially for newcomers on the market and smart product portfolio management is a good way to adapt to the necessity to localise production for the Chines market.
- The transition for the already established players is brutal and challenging, but at the same time, the China market attractiveness and potential remains a main investment driver.
- A CDMO strategy approach may be a new business model to be developed for newcomers as well as established companies moving towards a transition of production in China for China.
