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China's Yueda Forms China Renal Care Clinic JV with Diaverum

publication date: Jul 28, 2016
China's Yueda Group, a state-owned enterprise, officially started a China renal care JV with Diaverum of Germany. Diaverum operates 300 renal care clinics in Europe, the Middle East, Latin America and Asia. It will provide the expertise for running the China dialysis clinics, while Yueda, which hasn't previously been involved in healthcare, will fund the venture. The JV promised to provide European levels of care that will be covered under China's healthcare insurance, making it affordable. Yueda, a comglomerate with interests in several industries, has not previously been involved in life science. It is based in Jiangsu. More details....

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