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China emerges as global medical tourism hotspot for TCM

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11-Apr-17 China is seeing a growing interest from medical travellers seeking Traditional Chinese Medicine (TCM) as well as those seeking high-end western therapies and treatments in some of the world's best private healthcare centers. China's National Development and Reform Commission targets to build 10 TCM health tourism model zones offering medical treatment, wellness, recuperation and elder care by 2020. [image: Australian Business Forum]

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Tijuana, Mexico finds its place as a leader in medical device manufacturing

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11-Apr-17 The North American Free Trade Agreement has led to the transformation of Tijuana to become one of the world capitals in the manufacture of medical devices. The manufacturing units located in Tijuana make millions of medical devices from intravenous bags to artificial respirators. Many American med-device companies have manufacturing facilities in TiJuana, including Medtronic, Carefusion, and DJO Global. [image: John Francis Peters / New York Times]

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Massachusetts General to help develop new 300-bed hospital in China

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 Insights

11-Apr-17 Boston-based Massachusetts General Hospital and Jiahui Health Network are pursuing a collaboration to create Jiahui International Hospital in China's Shanghai Province. The 300-bed hospital will focus on cancer care and research. Mass General Cancer Center will advise Jiahui as it launches a cancer center focused on breast, lung, gastrointestinal, lymphoma and myeloma treatment programs. [image: Partners Healthcare]

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Korean biotech firms are seen as undervalued by big investment firms

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10-Apr-17 Korean biotech companies are drawing much interest and investment from well-known foreign investors including Bain Capital, Goldman Sachs and the state-run Chinese company Tsinghua Tongfang Group. Korea biotech firms, according to one investor "are second to none, in terms of technology but their values have been underestimated due to the small size of the domestic market.” [image: Business Korea]

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China's Alibaba to complete human genome sequencing in 24 hours by 2020

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10-Apr-17 Alibaba Cloud's President Simon Hu announced it has developed "ET Medical Brain," a suite of AI solutions built on its cloud infrastructure. The ET Medical Brain aims to ease the workload of medical personnel by taking the role of the patient's virtual assistant, and participating in medical imaging, drug development, hospital management and wearable healthcare devices. [image: Computerworld Hong Kong]

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