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China's medical robots take on foreign rivals

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13-Feb-17 Developed by Beijing Tinavi with the help of Jishuitan Hospital, Phecda is a surgery robot with a 3-D high-definition visual system that can "see" the internal orthopedic structure. It is part of the effort by Chinese companies to outcompete foreign rivals as the use of medical robots is set to take off, thanks in part to an aging population. [image: Tinavi / China Daily]

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Ayala gets 'disruptive' with latest health investment

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09-Feb-17 The Philippines' Ayala Corp has bought into a medical startup, adding some disruptive technology to its fledgling healthcare operations. The investment vehicle AC Health took a minority stake in Wellbridge Health, which owns the online pharmacy MedGrocer. "The investment of AC Health into MedGrocer fits well with both our pharmacy and health tech aspirations," said Paolo Borromeo, CEO. [image: Nikkei Asian Reveiw]

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Singapore's CXA Group gets $25M, adds Facebook cofounder to board

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07-Feb-17 Singapore-based health technology startup CXA Group, which offers an employee benefits and wellness marketplace platform, has raised USD25 mn in Series B funding in a round led by B Capital Group and EDBI. The SaaS platform uses health screening, lifestyle risks, and data from claims and wearable sensors to predict future premium costs. [image: CXA Group]

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Korean government to shell out KRW316 bn for bio tech

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03-Feb-17 The Korean government will invest KRW315.7 bn (USD276 mn) to secure original technologies for bio sectors such as new drugs, medical devices, future medical care, genomics and brain science in 2017. This includes KRW263 bn for bio-medical technology development projects. This year's budget is 31% more than last year’s. [image: Business Korea]

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PDMD ties-up with Columbia Asia for telemedicine services in Cameroon

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31-Jan-17 Columbia Asia has been providing tele-radiology services since 2010, for remote areas in India, Indonesia, France, Saudi, Bahrain, Kenya and Uganda. The group has tied up with PDMD-Cameroon for provision of tele-radiology, tele-consult and tele-education. In March 2017, PDMD will start a polyclinic with diagnostic facilities in Douala, equipped with MRI, CT, mammography, X-ray, USG and laboratory facilities. [image: Columbia Asia]

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