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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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Elderly healthcare yet to meet demand in Vietnam

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11-Aug-16 Elderly healthcare in Vietnam has yet to meet the needs of aging patients due to lack of medical staff and resources for geriatric wards. Only 36% of provincial hospitals have geriatric wards. The Ministry of Health plans to enhance the capacity of geriatric wards, aiming at comprehensive health care services at hospitals. [image: The Voice Of Vietnam]

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Australia's Medibank Health Solutions to be sold off

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10-Aug-16 Medibank Health Solutions, the Australian health management and telehealth services arm of privatised health insurer Medibank Private, is set to be sold off. Likely interested buyers would be healthcare service provider Aspen Medical or another insurer such as Bupa. [image: Medibank]

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