Home Health Health Care Roundup: Market Talk

Health Care Roundup: Market Talk

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Health Care Roundup: Market Talk

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Jan. 16, 2024 12:32 pm ET

The newest Market Talks overlaying the Health Care sector. Published solely on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.

0943 ET – Thermo Fisher Scientific CEO Marc Casper mentioned he’s optimistic about doing enterprise in China. “I’m optimistic that as the year unfolds, the environment will get better,” says Casper, who not too long ago led a delegation of U.S. CEOs to China this summer season to fulfill with China’s Premier Li Qiang. At the time, Casper mentioned that Li talked about how China is opening up for enterprise and the way it’s attempting to create a extra pleasant, predictable setting for overseas funding. “Obviously it’s going to be the detailed follow-up that determines how impactful they are but certainly the roadmap coming out from those dialogues is encouraging. It’ll be a gradual improvement.” Thermo Fisher Scientific has been in China for about 40 years; it’s about 8% of income, Casper says. It at present has round 6,000 workers in China that concentrate on R&D and manufacturing tools for these in China. (emily.glazer@wsj.com; @emilyglazer)

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