Can Alibaba Use Artificial Intelligence To Solve China Health Issues?
When China’s e-commerce giant Alibaba flexes its muscles, this time in personalized healthcare using artificial intelligence, everyone takes note.
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China's internet giants Baidu, Alibaba and Tencent, collectively called BAT, are increasingly tapping into digital health to benefit from recent policy changes, and 2017 saw pharma companies eagerly jump onboard to share the potential gains.
GSK’s alliance with AliHealth underscores its belief that the China market has significant room for growth if combined with the right technologies.
A zeal to cut cost while maintaining care quality is not new to China, but Beijing has a desire to embrace latest technology to its benefits. Pharmacy benefit manager players from the US and Canada are now leaping into the fray with varying degrees of success.