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Good news: Drugs in India just got cheaper

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12-May-16 India's National Pharmaceutical Pricing Agency has reduced the prices of 54 indispensable medicines; the cut going up to 55%. This move, a repetition of an earlier revision that capped the prices of another 54 drugs, aims at ensuring that important medication, becomes affordable for a wider strata of people. [image: Getty Images]

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Myanmar parliament calls for halt to Parkway hospital project

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12-May-16 Parkway's new hospital was to provide a 250-bed private facility in downtown Yangon. The previous government had approved the project, saying it would improve healthcare standards, but that decision has been reversed by the Lower House. Some parliamentarians, medical practitioners and citizens argued that as it is on government-owned public land, the hospital should be a public facility. [image: Myanmar Insider]

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Fullerton Health in proposed Singapore listing

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11-May-16 In what could be one of Singapore's biggest IPOs in more than a year, managed healthcare provider Fullerton Health is said to be seeking to raise some SGD300 mn. The group - which owns 200 clinics and facilities - is understood to have a capitalisation of SGD1.5 bn, making it the third largest healthcare outfit after IHH and Raffles. [image: Bloomberg]

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5 ways IoT will revamp Indian healthcare industry

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11-May-16 18% of global deaths and 20% of loss of disability-adjusted life years occur in India. Amidst these challenges, adoption of technology offers some hope. Telemedicine was a stepping stone and now adoption of the Internet of Things (IoT) will help provide universal access to healthcare in rural and semi-urban India, medical facilities for the poor and development of preventive self-care. [image: BW CIOWorld]

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After the vaccine scandal, now a cancer treatment scandal in China

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08-May-16 Many Chinese hospitals are exploiting cancer patients by charging them for unproven treatments. Many of these hospitals are linked to the military and are thus out of the usual health department jurisdiction. The Chinese central government has declared that the PLA will have to completely divest itself of commercial ventures such as its hospitals. [image: Chinese Medical News]

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