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All numbers up - LG Household & Health Care

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26-Apr-16 LG Household & Health Care reported record high results in the first quarter of 2016. Net sales of KRW1.5 tn (USD1.3 bn) and operating profit of KRW234 bn (USD199 mn) represent growth of 17% and 31% respectively. Sales of Health products increased 6.5% and operating profit increased 12%, due to steady growth in both personal and home care segments. [image: LG]

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Japanese public-private team to build hospital chain in China

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26-Apr-16 The Japanese government will work with medical device maker Nihon Trim to set up a chain of hospitals in China, to promote medical exports while helping to alleviate the shortage of facilities there for treating lifestyle diseases. Mitsubishi Corp and other major companies are considering contributing through such steps as developing meals for diets designed to prevent diabetes. [image: Reuters]

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Singapore's Luye Medical aquires Australia's third largest private healthcare group

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24-Apr-16 Australia's third largest private healthcare group, Healthe Care, officially became a member of Luye Medicals Group Pte Ltd (Luye Medical Group) after the acquisition from Australia's Archer Capital Fund was completed. Through this acquisition, Luye Medical has leapfrogged into the ranks of the largest international private medical groups in the region. [image: Luye Medical Group]

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