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39 more drugs come under price control in India

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17-Jul-15 India has extended price controls to 39 more drugs used to treat diseases such as diabetes, infections, digestive disorders and pain among others, in an effort to make them affordable. Prices are being reduced by 5-40% and they join 652 medicines already under price control. [image: The Hindu]

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Japan aims to slash number of hospital beds

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16-Jun-15 The Japanese government will seek to slash the number of hospital beds by more than 10% to 1.19 million by 2025, hoping it will curb ballooning medical costs in a graying society. To compensate, the government will also step up efforts to ensure that 300,000 patients can receive medical treatment at home or in nursing-care facilities. [image: Wikicommons]

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Indonesia's Siloam to acquire two hospitals and build ten

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10-Jul-15 Indonesian hospital operator PT Siloam, part of the Lippo Group, is expanding by acquiring at least two new hospitals through a new share issue. Siloam has allocated USD80 mn this year to build 10 hospitals and upgrade its existing ones. It aims to expand across Indonesia to own 50 hospitals by 2017, from 20 at present. [image: Commercial Asia]

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It's official: India's private hospitals cost an arm and a leg

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09-Jul-15 Private hospitalization in India is prohibitively costly, a survey by the National Sample Survey Organization has found. On average treatment at a private hospital costs over three times more than at a government facility. People go to private hospitals because government hospitals are so few and under so much pressure, according to the People's Health Movement. [image: Live Mint]

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Chinese companies to invest USD1 bn in med tech in India

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09-Jul-15 The Indian state of Karnataka is on the radar of Chinese businesses from Yunnan, lead by Sunpa Group, which are expected to invest up to USD1 bn in an industrial park at Vasanthnarasapura, including investments in telemedicine, medical equipment manufacturing, solar power and tech research. [image: Economy Watch]

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