Shionogi to leverage Ping An health care data to speed growth

Japanese pharma eyes Shanghai and Hong Kong JVs as fast-track to novel drugs

20201104N Shionogi app

The Ping An Good Doctor online medical consultation app is used by 346 million people in China. (Photo by Naoki Matsuda)

YUTA SHIMONO, Nikkei staff writer

OSAKA -- Japanese pharma Shionogi hopes two joint ventures with China's Ping An Insurance Group -- one already set up in Hong Kong and the other pending in Shanghai -- will be able to leverage its partner's huge health care database to design new drugs and services.

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