Home Tangren Health Files for IPO to Become the World's Largest Chinese-Language Cross-Border Healthcare Information Platform

Tangren Health Files for IPO to Become the World's Largest Chinese-Language Cross-Border Healthcare Information Platform

Jul 01, 2015 22:46 CST Updated 22:46

I. Original Intention for Entrepreneurship

You may have had such an experience. With a high fever, you queue up at the hospital early in the morning, wait for several hours, and spend only two minutes with the doctor. The doctor orders a battery of tests, followed by a three-hour IV infusion. You feel no warmth or compassion from the healthcare providers; the process is long and disheartening, and by evening, your condition has still not improved.

Doctors would tell a different version of the story. Having worked for 24 consecutive hours, they are so overwhelmed with patients that they barely have time to drink water, let alone attend to service details, provide thorough explanations, or offer careful instructions. Well aware that intravenous infusion can lead to serious consequences such as antibiotic abuse, they still dare not refuse patients’ requests, fearing misunderstanding or even physical assault.

Meanwhile, another group of doctors and patients found themselves in a predicament.

Since 2014, at least four new hepatitis C drugs (represented by sofosbuvir) have been launched overseas, conquering hepatitis C, which had long been considered incurable. These treatments are administered orally and are free of side effects. However, China has yet to introduce them. As a result, the country’s 45 million hepatitis C virus carriers can only wait in silent suffering.

Similar cases include the anti-gout drug "febuxostat," melphalan for treating multiple myeloma, and the new melanoma drug "ipilimumab." The drugs are available and highly effective, yet doctors can only recommend that patients purchase them abroad on their own, leaving patients in a state of extreme frustration.

All of the above scenarios play out in rotation around us every day; while the protagonists may differ, the plot remains strikingly similar. From a certain perspective, patients are pitiable and doctors are tragic figures, yet everyone is deeply entangled in this predicament, lacking access to a convenient and reliable healthcare outlet.

Cross-border healthcare is the outlet that Tangren Health has secured for everyone, giving doctors a breather and enabling patients to seek treatment abroad!

II. What Tangren Health Does
When cross-border healthcare is mentioned, the general reaction is:

Are you an intermediary?

Do you offer referrals for cosmetic surgery in Japan and South Korea?

Can an ordinary citizen afford it?

Tangren Health: Shattering Your Assumptions—We Are Not an Intermediary, We Do Not Perform Cosmetic Surgery, and We Serve the Most Ordinary People!

Our founding team, deeply aware of the severe doctor-patient tensions in mainland China and the entrenched nature of its healthcare system, where patients lack access to the latest treatments, optimal medications, and accurate medical information, is determined to build a practical platform that overcomes these barriers.

Cross-border healthcare transcends cultural, conceptual, geographical, and linguistic barriers, creating new medical avenues for the general public in mainland China.

Overseas Medical Consultation – Comprehensive services including consultation, appointment scheduling, translation, and accompaniment for both complex cases and general specialties.
Overseas Medications: We help you source urgent and hard-to-find drugs, while a wide selection of common and effective medications is available for you to choose from on our website.
Physical Examination – Customized check-up services that are safe, efficient, and patient-centered, rejecting “perfunctory examinations.”
Vaccination—Vaccines for high-risk conditions such as cervical cancer and pneumococcal disease, which are widely available abroad but currently unavailable in China.
Signature Services—Internationally leading medical services including sleeve gastrectomy for weight loss, assisted reproduction, genetic testing, and risk assessment.

Most critically, all medical information on the website is provided free of charge!

Taking medical consultations as an example, Tangren Health currently aggregates detailed information on the 16 most renowned hospitals and clinics in Hong Kong, along with nearly 2,000 physicians. This information has been individually verified and collected by our team, and is presented in Simplified Chinese, allowing you to freely browse, consult, and even make appointments.

Our website currently features approximately 400 premium overseas pharmaceutical products, with continuous updates. The selection ranges from common household medications to prescription drugs for serious conditions such as cancer. Each product has been market-tested, and multiple price comparisons are provided, ensuring you can purchase with confidence and peace of mind.

Of course, you may also choose Tangren Health to serve you. We will address any inconveniences associated with cross-border medical care—including medical record translation, transportation, chaperoned consultations, and appointment scheduling—with professionalism and utmost dedication, while charging only the most affordable fees.

III. Commitments of Tangren Health

1. All medical information provided by Tangren Health is free, public, and transparent. Users can post authentic and public comments on all medical information and services available on the website.

2. No financial collaborations are maintained with hospitals, clinics, pharmacies, or other medical institutions; there are no intermediary fees, advertising fees, or similar charges. All operations adhere to the principles of scientific rigor, impartiality, and integrity.

3. All medications displayed on the Tangren Health website are guaranteed to be authentic products offered at fair prices.

IV. About the Founding Team

Including CEO Tang Jing, the founding team of Tangren Health consists entirely of PhDs and master’s degree holders from mainland China with overseas educational backgrounds. Our cross-border life experiences and professional expertise have given us profound insights into different healthcare systems, enabling us to better understand the needs of mainland Chinese patients and facilitate their smoother access to overseas medical resources. We are committed to “advancing the health industry for the Chinese people.”