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China's Sinocare to acquire PTS Diagnostics in the US

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03-May-16 China's Sinocare Inc has signed a purchase agreement privately-held PTS Diagnostics for up to USD200 mn in cash. PTS is a US-based manufacturer of biometric testing devices. "Together, our future will be centered on transforming preventative medicine, biometric testing, and connectivity by providing fast, easy, portable, and accurate medical devices and information management systems,” said Robert Huffstodt, CEO of PTS. [image: Sinocare Inc.]

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Healthcare expansion underway in Hong Kong

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03-May-16 In the past five years, government expenditure on public healthcare services has increased by nearly 50%, to some HKD68 bn (USD8.8 bn) this fiscal year. The Government has earmarked HKD200 bn (USD26 bn) for a 10-year hospital development plan, including building new public hospitals and redeveloping existing ones. This will increase public hospital beds by about 20% to 32,000. [image: news.gov.hk]

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China's private hospitals - set for growth

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01-May-16 Changing demographics and lifestyles in China are the reasons behind emerging opportunities for foreign companies to operate hospitals, clinics and care homes in the country. And the need is now widening to include primary care, rehabilitation and elder care. The range of incentives for foreign investors is increasingly wide. But there remain hurdles to be overcome. [image: Global Growth Markets]

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Money flowing again to Vietnam's private hospitals

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01-May-16 The movement of money into hospital projects in Vietnam has heated up again. Investors now see the healthcare sector a ‘gold mine’ because of increasingly high expenditure on healthcare services. The figure may reach USD24 bn by 2020, thanks to the government initiated healthcare service socialization program being implemented. [image: Vietnam Net Bridge]

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