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China's Fosun eyes Brazil hospital deals

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05-Oct-16 Chinese conglomerate Fosun International is in advanced talks to acquire Hospital da Bahia, a Brazilian hospital in the city of Salvador, for about BRL1 bn (USD308 mn). Brazilian business daily Valor Economico reported that Fosun is also looking to spend an additional BRL2 bn on other acquisitions to form a Brazilian hospital chain. [image: Fosun International Ltd]

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Cabinet approves setting up of India's first medical park

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05-Oct-16 Giving a push to local production of high-end medical equipment, the Indian government has given its nod to sub-lease over 300 acres of land in Chennai for the country's first medical devices manufacturing park. The project will reduce the dependence on imports and create a strong base for domestic industry by providing access to state-of-the-art infrastructure. [image: PTI]

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Intuitive Surgical teams with Chinese company on lung cancer

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03-Oct-16 Intuitive Surgical is expanding into robotic-assisted catheter-based medical devices through a JV with Shanghai Fosun Pharmaceutical. These devices will use IP from Intuitive Surgical and will focus on diagnosis and treatment of lung cancer. R&D and manufacturing will take place in Shanghai. Intuitive Surgical will oversee distribution outside China while the JV will be in charge within China. [image: Asian Scientist Magazine]

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Singapore medical group expanding in China

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02-Oct-16 A pioneering Singapore fertility expert will head efforts to help Chinese women who find it hard to conceive, by setting up medical centres in China. They set up their first in Xiamen two years ago, and will open a centre in Chengdu by Dec-15. "We hope to expand into a network of 600 satellite women's clinics," said CEO Ms Bi. [image: Chew Seng Kim / ST]

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