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Smartphones causing ‘visual health crisis’ in China

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22-Jul-16 In 2012, around 500 mn people in China had an uncorrected visual defect. 450 mn of those had myopia. That’s about a third of the population. And, barring policy interventions, around 700 mn people will have myopia by 2020 - half the population. Global Growth Markets estimates about 2.4 mn people had vision correction surgery in China in 2015, mainly LASIK. [image: Reuters / Damir Sagolj]

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Sports Med thrives in India

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10-Aug-16 The trend of sports other than cricket becoming more demanding is giving rise to a new breed of medical specialists in India: sports medicine. Hospitals are seeing a spike in sports-related injuries. Dr Raghu Nagaraj from Hosmat Hospital said, "A couple of years ago we used to see only 15 to 18 surgeries a month, but these days we perform close to 45." [image: Bangalore Mirror]

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Investors should explore China’s medical gloves industry

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11-Aug-16 Malaysian and Chinese investors should enter into joint ventures to tap the huge potential for rubber medical gloves in China, given the country’s huge population and low usage of such gloves currently, Malaysia's Plantation Industries & Commodities Minister has said. China's current use of rubber medical gloves is three pairs per capita, compared with 25 pairs per capita globally. [image: The Star]

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HCMC to spend USD254 mn on hospitals

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11-Aug-16 Ho Chin Minh City in Vietnam plans to spend more than USD254 mn on three general hospitals in the city’s outlying districts. The construction of the hospitals, which will help reduce 80-90% of patient overload at city or central-level hospitals, is expected to start in 2017. [image: Vietnam Net]

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Atomo Diagnostics secures AUD4.5 mn in funding

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11-Aug-16 Australian medical device innovator Atomo Diagnostics announced it has raised AUD4.5 mn in new equity from professional investors. Former Macquarie Group Managing Director and CEO Allan Moss said, "Atomo has developed a remarkably user-friendly and accurate testing device which has the potential to assist greatly in detecting HIV and other diseases in Africa and globally." [image: Atomo Diagnostics]

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