Deals: Ping An Teams Up with Merck on Healthcare Projects

The latest from the press newswires for you; Ping An Healthcare and Technology Company Limited, one of the world’s leading healthcare ecosystem platforms, signed a strategic collaboration agreement today with Merck KGaA, Darmstadt, Germany, a leading science and technology company. In line with the Healthy China Initiative (2019-2030), the two companies will jointly explore integrated solutions to advance intelligent healthcare in China and to address needs of Chinese patients that are still unmet.

The representative of Ping An Good Doctor echoed the importance of the partnership: “Ping An Good Doctor will take the advantages of the healthcare ecosystem platform and rely on its unique service model of ‘internet + artificial intelligence + more than 1,000 in-house physicians’, combining Merck KGaA, Darmstadt, Germany’s advanced technology and high-quality medicines to provide the majority of users on the platform with high-quality, personalized chronic disease management and healthcare services, which allows premium health resources to revolve around users and actively facilitates the precise implementation of the Healthy China Initiative.”

“We are very excited to be working with Ping An Good Doctor to explore more patient-focused approaches, and integrated healthcare solutions to enhance health management,” says Rogier Janssens, Managing Director and General Manager of Merck KGaA, Darmstadt, Germany’s Biopharma Business in China. “As part of our digitalization strategy, we seek out innovative solutions that will offer the highest possible benefits to patients, with the mission of transforming the lives of 40 million patients in China by 2025.”

The collaboration will leverage Ping An Good Doctor’s extensive experience in AI medical technology, insurance provision and online and offline healthcare resources and Merck KGaA, Darmstadt, Germany’s medical expertise, high-quality medicines and innovative solutions and to develop an integrated one-stop healthcare solution.

The Chinese government has a strong commitment to enhance the country’s medical service efficiency and patients’ health service experiences, putting in place a series of policies related to “internet + healthcare”. In line with these policies, our digital solution will focus on assisted diagnosis of chronic diseases and infertility, and targeted disease management. In the future, the two companies will consider options to build out the ecosystem to include disease awareness and prevention, health check-ups, personalized medicine and healthcare services, and a “Medical Health + Insurance” platform to support health management throughout the country.

Aligned with the government initiatives to improve the hierarchical medical system and high-quality medical resources sinking, Ping An Good Doctor and Merck KGaA, Darmstadt, Germany will also jointly explore how to break down the barrier between online and offline healthcare by means of innovative retail models connecting retail pharmacies, hospitals and primary healthcare in rural areas and by establishing an omni-channel retail system.

This represents an innovative business model to better serve more patients in China. Both parties will continue to explore the value of “online healthcare”, improve the chronic illness management system and connect online and offline innovative healthcare service models, so as to promote the digitalisation of chronic illness management in China and facilitate the upgrade of the healthcare industry.

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