RAP 3.13% 15.5¢ resapp health limited

Nice to have you back Samcro. What you say is broadly correct...

  1. 3,016 Posts.
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    Nice to have you back Samcro. What you say is broadly correct IMO re doing business in Asia particularly where you need government approvals. it can be an expensive and time consuming process. What can make a big difference is having the right partner/ agent to handle all those local cultural and business processes. Take Ping An Good Doctor. Related to the Ping An Insurance Group with direct access and ownership at the highest levels of the chinese government. They could take care of things nicely. However dealing with a huge and powerful group like this can be akin to grabbing a tiger by the tail.!.

    What! How much you best price?!!. No! We loose!! We buy you out!!

    It will be very interesting to see who ResApp get into bed with to run the gauntlet of the CFDA, incidentally now known as National Medical Products Administration - NMPA.

    There are several big players and many others to choose from.

    I do like Ping An however. They powering in the right direction. Chairman Wang Tao recently stated:

    ”Mr. Wang Tao, Chairman and CEO of Ping An Good Doctor, delivered a keynote speech at the conference, depicting the new healthcare ecosystem of Ping An Good Doctor in 2019. He proposed utilizing “Internet + AI” technology to empower hospitals, clinics, pharmacies and village doctors, whilst at the same time exporting this mature technology and service aboard to further boost the pace of the Company’s internationalization strategy.”

    http://www.pahtg.com/en/news/in-the-news/ping-an-good-doctor-releases-hurun-pingan-good-doctors-of-china-list-chairman-and-ceo-wang-tao-depicts-new-healthcare-ecosystem-in-2019/
    Fox







    Last edited by silverfox3731: 28/04/19
 
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