Thursday, 29 November 2012

Social network site aims to link doctors with drug companies

Baitianshi will link Chinese doctors to drug companies and suppliers
 Japanese venture capital CyberAgent Ventures has announced that it is putting funds into Baitianshi, a social network that connects doctors and pharmaceutical companies in China.
As with many deals from CyberAgent, the level of investment and stake being purchased has been left unannounced.
Baitianshi was founded in December 2010 and it is a real-name social network (online aliases are very often anonymous or characterized in China/Asia) which allows doctors to improve their communication with pharmaceutical suppliers and firms.
The company says it has struck partnerships with “major general hospitals in China” and that, to date, more than 200,000 doctors have used the site. The addition of capital from CyberAgent will see Baitianshi take advantage of the VC firm’s “wide range of resources throughout Asia”.
Read more: TheNextWeb

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