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Cnoga Medical raises USD50 mn from China's BOE

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09-Mar-17 Chinese company BOE has invested USD50 mn in Israeli company Cnoga Medical. BOE is a Chinese laboratory equipment company that wants to establish itself as a leader in the medical sector. Cnoga has developed a series of devices for non-invasive measurement of a range of health parameters through optical diagnosis of the changing color shades of a finger. [image: Globes]

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Singapore to invest SGD24 mn to help fill 9,000 jobs in healthcare

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09-Mar-17 With 9,000 workers needed over the next three years, the Ministry of Health (MOH) will invest an additional SGD24 mn to attract more Singaporeans, in particular mid-career professionals, to take up a job in healthcare. Among the 9,000 needed, about half are Professional, Manager, Executive and Technician (PMET) roles such as nurses, therapists, administrative executives and operations managers. [image: SGH]

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Medical tourism trends in the CIS

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07-Mar-17 In 2016, the most people from CIS countries looking for treatment abroad were from Russia, Ukraine and Kazakhstan. The Russian Federation and Belarus hold 57% of the total CIS market, with similar preferred destinations. Both countries preferred Germany and Israel for treatment in 2016. Most patients going abroad went for oncology, orthopaedic, neurosurgery and ophthalmology treatment. [image: IMTJ]

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Singapore's EDBI and Philips to boost their health care investments in Asia

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07-Mar-17 Singapore-based EDBI and Royal Philips aim to accelerate their joint investment alliance and partner with more innovative companies in the digital health sector. This ambition is in line with Singapore’s latest focus to strengthen its position as a leading digital health hub. CXA Group, the employee benefits and wellness marketplace platform, is the first to receive funding from the alliance. [image: Singapore Business Review]

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India's Tech Mahindra to buy US healthcare provider

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07-Mar-17 Tech Mahindra said it would buy US healthcare IT services provider, the HCI Group, for an enterprise value of USD110 mn, as it looks to increase its presence in the healthcare space. “Healthcare is one of the few sectors globally that is driving adoption of digital technologies," said CP Gurnani, CEO of Tech Mahindra. [image: The Indian Express]

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