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India's healthcare sector to lead in eHealth

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20-Apr-16 India's healthcare sector is poised to grow to USD280 bn by 2020, is expected to be a leader in e-health by 2019. It should reach USD160 bn by 2017, accounting for 4.2% of GDP. Indian telemedicine is showing robust growth at approximately 20% and is projected to grow from USD8 mn in 2012 to USD19 mn by 2017. [image: Money Control]

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Singapore: An emerging hub for medical devices

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20-Apr-16 Singapore’s medical devices industry is aiming to hit SGD5 bn in manufacturing output. The government is targeting up to 1 mn foreign patients a year, which will contribute SGD2.6 bn (USD1.6 bn), or about 1%, to Singapore’s GDP. Already there are 30 global medical technology companies, including the industry’s leading manufacturers, with operations and R&D in Singapore. [image: Asian Briefing].

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American giant enters Russia’s pharmacy network

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19-Apr-16 Walgreens Boots Alliance has bought a 15% stake in Russian pharmacy chain 36,6. In return Walgreens Boots Alliance has sold its Russian distributor Alliance Healthcare Russia to 36,6. The country’s commercial drug market can be very promising for foreign investors. [image: Newseurope]

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Indian regulators separate medical device and pharmaceutical rules

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19-Apr-16 The Indian Ministry of Health and Family Welfare has issued draft rules that establish registration and quality system requirements for medical devices and IVDs distinct from pharmaceutical products. Although the new rules pertain only to manufacturers based in India, they are significant by showing that the government now distinguishes medical devices as a separate industry from pharmaceuticals. [image: Business Today]

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