November 5 to 10, 2018, the first China International Import Expo (CIIE) is set to host in Shanghai. Fosun’s 11 portfolio companies and business partners in overseas healthcare sector will attend the expo and showcase Fosun’s latest development in the global health industry, exhibiting leading health technology and products including the CAR-T cell therapy treatment, the da Vinci surgical robot systems and other health products and services from Indian generic pharmaceutical maker Gland Pharma, medical laser maker SISRAM MED, homecare ventilation and sleep therapy product maker Breas. Other Fosun healthcare brands, such as British pram maker Silver Cross, French margarine maker St. Hubert, Portugal hospital and medical service provider Luz Saúde, will participate in the exhibition as well.
These companies mainly come from countries and regions such as the U.S., UK, Sweden, India, Franceand Israel, and cover a wide range of products and services from biopharmaceuticals, medical devices to consumer health, demonstrating Fosun’s ability to link global health technology innovations and promote innovation, research and development to help build up a healthy world.
As the leading minimally invasive surgical system worldwide, the da Vinci surgical robot systems have advanced technological features of 3D imaging, rotatable surgical instrument and intuitive motion control, allowing surgeons to perform complex procedures while using a minimally invasive approach.
In recent years, Fosun Intuitive, a joint venture between Fosun Pharma and Intuitive Surgical, is dedicated to bringing the da Vinci surgical robot systems into the Chinese market. As of October 2018, over 4,000 da Vinci surgical machines were in clinical use globally. The minimally invasive surgical technology has benefited more than 5 million patients. Currently, more than 70 da Vinci surgical machines are in clinical use in Chinese mainland and 10 such machines are in use in Hong Kong. Around 100,000 surgical procedures have been performed with da Vinci surgical machines in total.
The CAR-T therapy unveiled at the Expo will bring hope for Chinese cancer patients. The approval of CAR-T therapy in Europe and the United States is a milestone in the field of cell therapy, bringing revolutionary breakthroughs in cancer treatment. FKC876 (trade name Yescarta) is a CAR-T cell immunotherapy product introduced by Fosun Kite from Kite Pharma in the U.S. in early 2017. Yescarta is the first CAR-T cell drug for a specific type of non-Hodgkin’s lymphoma (NHL) approved in the US and EU for the treatment of relapsed or refractory diffused large B-cell lymphoma (DLBCL) or adult patients with primary mediastinal large B-cell lymphoma (PMBL). At present, Fosun Kite has obtained the comprehensive technology transfer and commercial license of Yescarta to China from the US-based Kite Pharma. Yescarta has also obtained the approval of the registered clinical trial of China National Drug Administration. Fosun Kite Cell Treatment Preparation Base has been officially launched and Yescarta’s introduction has been a benchmark for the standardization and industrialization of Chinese CAR-T cell therapies.
Gland Pharma, based in India, is a pharmaceutical member company of Fosun Pharma. The company was founded in Hyderabad, India in 1978 and joined Fosun in October 2017. Gland Pharma is the first injectable drugs manufacturer in India which has been approved by the the Food and Drug Administration of the United States. Gland Pharma has extensive product development experience serving pharmaceutical needs in different markets around the world, including the synthesis of complex drug molecules, such as low molecular weight heparin (LMWHs) and anticancer drugs; and the development of complex injections such as freeze-dried products and high-efficiency and long-acting suspensions drugs.
The SISRAM MED (stock code: 1696.HK), a medical equipment manufacturer in cosmetics surgery, was the first Israeli company listed on the main board of the Hong Kong Stock Exchange. In 2013, SISRAM MED established and acquired the world’s leading light-based, radiofrequency and ultrasound solution provider Alma Lasers, which stands as one of the top five global leaders in the industry. Alma Lasers has extensive experience in designing and developing equipment for energy-based non-invasive medical aesthetic and minimally invasive treatments. Alma Lasers’ products shipped to over 80 countries and regions are widely acclaimed by international customers with its Soprano, Harmony, and Accent product lines.
In addition, Swedish device company Breas brings its new product Z1 at CIIE. Breas has provided innovative respiratory medical device products to the global market for almost 30 years, and Z1 is the smallest, lightest, most portable continuous positive airway pressure (CPAP) machine in the world.
Other Fosun health product and service brands showcased at CIIE include Luz Saúde, St Hubert and Silver Cross. Luz Saúde is a leading private healthcare provider group in Portugal. It owns private hospitals, National Health Service hospital under a public private partnership, private ambulatory clinics and senior residences. Established in 1904, France-based St Hubert is a pioneer in the healthy food industry while UK-based Silver Cross, established in 1877, remains renowned for its meticulous design, high-end craftsmanship, excellent materials and attention to details.
“Fosun’s mission is to create happier lives for families worldwide. Health is the wish of every family and everyone. We invest in cutting-edge technology and high quality medicines to help patients recover. Let the world be a better place because of Fosun,” Fosun International Chairman Guo Guangchang said.
During the CIIE, a global health and technological innovation forum themed “Global Initiative: Building health ecosystem together” will be held by China Pharmaceutical Innovation and Research Development Association, International Health Exchange and Cooperation Center of National Health and Family Planning Commission and Fosun International. As one of the official events at the CIIE, leading figures and experts from the industry will gather at the forum to present the latest trends in global healthcare innovations and discuss ways of cooperation to improve human health.
Innovation is an important means to improve human health. Since its establishment in 1992, Fosun has become an international industrial operation company with its roots in China. Technological innovation has been the driving force behind Fosun’s continuous development in the sectors of “Health, Happiness and Wealth.”
Health has become a pillar sector in Fosun’s customer-to-maker (C2M) ecosystem. The health segment mainly includes Fosun Pharma, Henlius, Fosun Kite, Wanbang Biopharmaceuticals, Yao Pharma, Guilin Pharma, Gland Pharma, Foshan Chancheng Central Hospital, United Family Healthcare, SISRAM MED, Silver Cross, etc.
In recent years, Fosun has been taking technological innovation as its key initiative in the sectors of pharmaceutical manufacturing and R&D, innovative healthcare management service, connecting global health technology resources, and pushing forward the upgrade of China’s health industry. In the first half of 2018, RMB 4 billion (USD588 million) was invested into technology initiatives including R&D, venture capital investments, incubation programs, etc.
With its roots in China, Fosun also aims to link health technology innovations worldwide. One initiative is to bring Chinese innovative medicine abroad. The antimalaria medicines, ARTESUN, innovated and produced by Fosun’s Guilin Pharma, have saved over 20 million human lives.
As an international company headquartered in Shanghai, Fosun aspires to become a global leader in technology and innovation through adhering to its technological innovation strategy and pushing forward development in health technology, new energy, big data, artificial intelligence, financial technology, etc. It will focus on building up the new technology hub and contribute to the journey of Shanghai becoming the technology and innovation center with global influence.
Penn Health Group Groundbreaking Ceremony Celebrates Medical Marijuana Facility in Fayette County, Pennsylvania
The Penn Health Group groundbreaking ceremony celebrates the construction of its medical marijuana grower-processer facility in Lemont Furnace, Fayette County, PA. The Company was awarded a medical marijuana growing license from the State of Pennsylvania in July 2018 with an application that received the highest score overall for both the first and second rounds.
“We are committed to providing the highest quality and most effective medical marijuana products to the residents of Pennsylvania who suffer from qualifying medical conditions,” said John Smolic, Executive Vice President, Penn Health Group. “Ultimately, our goal is to help improve patients’ health and overall quality of life.”
Penn Health Group is building a state-of-the-art GMP, pharmaceutical grade facility in the Lemont Furnace community of Fayette County, PA. Expected to be completed in early 2019, the facility will house 37,000 square feet of medical marijuana growing and processing.
“We will use rain water to grow the plants, and the facility will be equipped with its own co-gen facility that will allow us to utilize the natural gas resources available to us here in Western Pennsylvania.”
Penn Health Group has invested in the highest quality processes and operations to ensure the medical marijuana patients in Pennsylvania receive only the highest quality pharmaceutical grade products. The Penn Health Medical Advisory Board includes top doctors, like Dr. Frank Costa, medical director and chief of surgery of the Urology Institute of Pittsburgh, as well as nationally-renowned Dr. Sue Sisley, a preeminent researcher on the potential medicinal uses of marijuana.
“When I joined the Senate, myself and several colleagues worked hard for years to pass legislation to legalize medical marijuana in Pennsylvania so that patients can experience the medical benefits and residents the community can experience the positive economic impact,” said Hon. Patrick Stefano, Pennsylvania State Senator. “I’m excited about the economic opportunities and medical benefits that the Penn Health Group facility brings to the Fayette County community.”
Honored guests at the groundbreaking ceremony included Ms. Johnna Pro, Regional Director for the Pennsylvania Department of Community and Economic Development; Mr. Jim Frank, District Director, Office of Congressman Bill Shuster; Hon. Patrick Stefano, Pennsylvania State Senator; Mr. Vincent Vicites, Chairman, Fayette County Board of Commissioners; Angela Zimmerlink, Secretary, Fayette County Board of Commissioners; and Dave Lohr, Vice-Chair, Fayette County Board of Commissioners; Hon. Ryan Warner, Pennsylvania House Representative; and Hon. Robert Doria, District Commander, American Legion.
Penn Health Group also hosted its first job fair with its security contractor and general construction company, providing individuals from Fayette County and the surrounding communities the chance to learn more about employment opportunities in the Medical Marijuana Industry. Open positions are available in the areas of cultivation, lab and processing, packaging, and sales. Penn Health Group will offer a living wage for all entry level positions, robust benefits packages and employee training programs.
For Eyes To Increase Access To Eye Health In Cranston With New Location
For Eyes to bring affordable optical care and high-quality frames to Providence County
For Eyes, one of the national leaders in optical retail, just brought family-friendly service and affordable optical care to Cranston with its new store grand opening.
“At For Eyes, we are proud to offer every customer a perfect blend of optical care and affordable fashion. With over 100 locations across America, we are thrilled to be breaking into the Rhode Islandmarket, beginning with this new Cranston location,” said Jose Costa, CEO USA. “We believe personal health should be a top priority, and we’re excited to bring a convenient new location for our customers to experience quality optical care.”
The new For Eyes Cranston location officially opened on November 9th at 4000 Chapel View Blvd.
With more than 1,000 frames to choose from in-store, For Eyes has the perfect frames for every member of the family. In addition, For Eyes also takes outside, valid prescriptions and accepts most major health and vision plans. For Eyes is dedicated to their customers and offers 100% satisfaction guarantee and free lifelong service after purchase.
To book an appointment with an independent doctor of optometry located in or adjacent to For Eyes, learn more about the new store location or find a For Eyes location near you, visit https://foreyes.com/scheduleexam.
China Pharma Holdings, Inc. Launched Health Product Noni Enzyme ARARATO®
China Pharma Holdings, Inc. (NYSE MKT: CPHI) (“China Pharma,” the “Company” or “We”), an NYSE American listed corporation with a fully-integrated specialty pharmaceuticals subsidiary based in China, announced today the launch of its health product Noni Enzyme ARARATO® to the market.
Noni, also known by its scientific name as Morinda citrifolia, is a fruit-bearing tree in the coffee family, Rubiaceae. Its native range extends across tropical islands of the South Pacific, and Hainan Island, China. The strong-smelling fruit has been used in traditional medicine, and in the consumer market, it has been introduced as a supplement in various forms, such as health products, skin products, and juices.
“Noni Enzyme is rich in Proxeronine and Proxeronase, which is a natural, healthy and nutrition-rich food supplement. Noni was approved by the Chinese Ministry of Health as a new resource food in 2010,” said Ms. Zhilin Li, China Pharma’s Chairman and CEO. Ms. Li continued, “Our product ARARATO® uses high quality noni fruit grown locally in Hainan Island as its raw material, and enjoys the quality assurance system environment back-up by our facility as a pharmaceutical manufacturer. We are committed to providing a high quality Noni enzyme product to the market.”
The launch of ARARATO® represents a strategic development for our company to expand into the health product market. We believe that with the aging of the Chinese population, the growth of the middle class population, and the strengthening of national health awareness, we are in a good position to explore health products – along with our core business of pharmaceutical products – to leverage use of our facilities and sales channels to meet market needs.
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