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Paramit opens medical device design & manufacturing hub in Malaysia

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11-Jan-17 American medical device contract manufacturer Paramit Corp announced the opening of its new facility located on mainland Penang in Malaysia. The site will be the region’s largest manufacturing facility for complex medical devices, realising sophisticated systems for genetic and molecular testing, robotic surgery and cancer treatment, and will also serve its current industrial products customer base. [image: The Star / Asri Abdul Ghani]

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Penang eyes MYR1 bn investment in healthcare

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11-Jan-17 With Malaysia emerging as the number one country in the world for healthcare, the government is working to secure MYR1 bn (USD225 mn) to expand its medical industry. Already doing well in medical tourism, Penang would be focusing on turning itself into a medical city. Malaysia was recently named number one in the world for healthcare by International Living magazine. [image: Free Malaysia Today]

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Thailand seeks new medical tourism markets in Asia

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11-Jan-17 Under pressure Thailand is seeking new markets and promoting health checks. Thailand is under pressure from competition and weaker economies in key source regions - Russia and Middle East. The government is beginning to move promotional efforts to newer markets of China and Indochina. [image: IMTJ]

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Australians are ready for AI assisted healthcare

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10-Jan-17 Over 80 per cent of Australians are comfortable with AI being used to diagnose common medical problems and interpret test results. However, people also acknowledge some of the limitations of AI technology and identified privacy concerns over patient records and medical confidentiality and the lack of human intuition as issues. [image: i-stock / Which-50]

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UK organisations sign new deals in China

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22-Dec-16 British organisations have signed deals worth more than GBP250 mn (USD308 mn) during the largest ever healthcare trade mission to China. 30 UK organisations participated in the largest ever healthcare mission to China. International Hospitals Group and China’s Dalian Wanda signed a 20 year JV to operate the first of Wanda’s hospitals, Qingdao Wanda IHG International Hospital. [image: GOV.UK]

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