China and the U.K. Sign Healthcare Deals of GBP 2bn

Published Date : Oct 23, 2015

Healthcare deals and colorations that are more than GBP 2 bn have been signed between British and Chinese companies, organizations, and universities in a recent visit of Chinese President Xi Jinping to Britain.

Addressing at the Life Science and Healthcare Business Forum, the minister for Life Science stated that the collaborations are slated to provide a benefit that would go beyond the British and Chines populations. The recently signed deals and collaborations will positively affect the global population.

China, which has a population of more than one billion, and is a rapidly developing economy is treading to be positioned as the fastest growing healthcare market in the world.

The deals agreed upon GBP 2 bn is a trade package to be used for research, training, construction, drug discovery, hospital construction, and diagnostics, which shows the high potential of Life Science trade between the U.K. and China.

The British Life Science Minister stared that both China and Britain are known for producing some of the leading scientists and academicians in the world. The works f these scientists and researchers have been fruitful to save the lives of millions of people across the world that suffer from life-threatening diseases such as cancer.

Both in the U.K. and China, cancer is the one killer diseases, and like several other nations both the countries are in hot pursuit to discover an effective treatment.

The British minister further stated that this the reason, the collaborations that have been announced between Sun Yat-Sen University Cancer Center and Warwick University for training and research to jointly work on anti-cancer treatments are very important. He further added that patient in the U.K. will benefit from technological advancements in China through deals such as Cerno and United Imaging that have collaborated to introduce latest oncology imaging technologies to the U.K