Sanpower seals groundbreaking medical deal

Conglomerate boosts China's push to revolutionise its health sector by buying US biotech pioneer Dendreon. It complements Sanpower's previous investment in more prosaic health assets.

A vacuum in quality healthcare has emerged as a key challenge for the world's most populous nation, as policymakers wrestle with problems including a shortage of skilled professionals, slow drug clearance procedures and services that are unaffordable to most ordinary Chinese.

¬ Haymarket Media Limited. All rights reserved.

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