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Kapsule says it will work with major Chinese drug makers and exporters to identify African markets suited to Chinese medical products.
Kapsule says it plans to work with China’s biggest pharmaceutical manufacturers and exporters to identify African markets that fit Chinese medical products.
Kapsule is a health data company that says its core business is helping Chinese pharmaceutical manufacturers export products to Africa.
In a Beijing Daily profile, founder David Chen said the company has collected and integrated data from 80,000 health institutions across 24 countries and regions. Kapsule uses this data to analyse where market opportunities exist.
Chen said Kapsule is based in an overseas talent entrepreneurship park in Chaoyang District, Beijing. He also described company setup challenges linked to legal entities across different countries and regions, including Rwanda. He said registering a company in China is relatively direct, but getting approvals needed in third countries can be difficult. He said the park and its support partners helped Kapsule map out processes, clarify requirements, and plan ahead.
Chen said, “We are now Africa’s largest medical data source provider.” He also said Kapsule works with multiple global brands, has been recommended by the African Union, and has received recognition from Africa CDC departments.
Chen said the next step is a push into the China market. He said many medical products in Africa are currently supplied by Indian companies, but he believes Chinese products have strong quality and cost performance, with big market potential. He said Kapsule will work with China’s largest pharmaceutical manufacturers and exporters in the coming months to identify which African countries are best suited to Chinese products.
If Kapsule can match Chinese manufacturers with the right African markets, it could change how export decisions are made, by using facility level health data instead of guesswork. Chen said this could help African countries access higher quality, reasonably priced medicines, while supporting Chinese pharma growth.
Primary Source: 京报网
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