Merck to Collaborate With Tencent on Digital Healthcare Services in China

Date : 01/23/2019 @ 6:48AM
Source : Dow Jones News
Stock : Tencent Holding Ltd. (PC) (TCEHY)
Quote : 40.735  -1.465 (-3.47%) @ 9:28PM
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Merck to Collaborate With Tencent on Digital Healthcare Services in China

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   By Cristina Roca 

Merck KGaA (MRK.XE) said Wednesday that it has signed a strategic collaboration agreement with Tencent Holdings Ltd. (0700.HK) to develop digital healthcare services in China.

The German company said it will work with the internet service provider to increase public knowledge on diseases and to make healthcare more accessible through digital platforms.

The focus will be on all the treatment areas that Merck's healthcare business currently deals with in China, including allergies, infertility, diabetes, thyroid disorders, cardiovascular diseases and oncology, Merck said.

The two companies plan to extend their collaboration to initiatives such as developing artificial-intelligence doctors, Merck said.


Write to Cristina Roca at; @_cristinaroca


(END) Dow Jones Newswires

January 23, 2019 01:33 ET (06:33 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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