AstraZeneca Links With Alibaba And Tencent In China 'Digital Health' Push

AstraZeneca agreed two new deals with Chinese tech groups Alibaba and Tencent as it tries to expand business in modernizing China, now the UK drug maker's second-largest market after the US.

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AstraZeneca Builds China Digital Health Push With Alibaba and Tencent • Source: Shutterstock

Adding to its existing joint ventures and alliances in China, AstraZeneca PLC has now teamed up with Chinese tech giants Alibaba and Tencent in separate deals aimed at improving healthcare and safeguarding the integrity and IP of medicines there.

Britain's second biggest pharma company announced the deals while updating markets on its fourth quarter 2017 results, which saw a...

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