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AiMED, Invest India ink MoU to promote Indian medical devices sector

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17-Feb-17 The Association of Indian Medical Device Industry has inked an MoU with Invest India to promote manufacturing of medical devices and components in India. The team also aims to reach out to companies in major medical devices destinations like Taiwan, Japan, South Korea, Italy, Israel, Germany and the US for technology sourcing and manufacturing JVs. [image: Martupdate]

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St. Luke's wants to lure more medical tourists to the Philippines

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17-Feb-17 The Philippines is poised to become one of the world's top medical tourism destinations in the next 10 years, as the government completes its infrastructure build. The country currently ranks behind Singapore, Malaysia and Thailand, said St. Luke's Medical Center president Edgardo Cortez. About 98 percent of medical tourists in the Philippines are currently from Guam, he said. [image: ABS-CBN News / St. Luke's]

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India should strengthen its diagnostic capabilities

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16-Feb-17 SLifestyle diseases are an epidemic in India. The earlier a disease is diagnosed, the more likely it can be cured or managed. That's because medical diagnostic tests intervene and help prevention at a stage when treatment and cure is possible. This makes continued innovation in diagnosis supremely important for delivering better health delivery standards and a healthier, disease free population. [image: PATH]

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Business as usual for Thailand's universal healthcare scheme

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16-Feb-17 Thailand's universal healthcare scheme will not be closed down, Public Health Minister Piyasakol Sakolsatayadorn has said, after rumours of its planned cancellation. His remarks came after Prime Minister Prayut Chan-O-Cha toyed with the idea of the public paying more for the scheme to reduce the government's healthcare burden. [image: Bangkok Post]

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India's biggest healthcare deal will create rival to Apollo

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16-Feb-17 Global investor TPG Capital is attempting the biggest M&A deal in the Indian healthcare industry through a consolidation of Fortis Healthcare and Manipal Health Enterprises. This would create the country’s largest healthcare services group rivalling current leader Apollo Hospitals. The deal-making is likely to be a multi-staged affair, possibly spanning over the next 18 to 24 months. [image: The Economic Times / Fortis]

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