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Malaysia's medical tourism to bring in USD264m in 2015

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30-Jun-15 SMalaysia's medical tourism industry continues to rake in more income for the country, with MYR1 bn (USD264 mn) expected in 2015. “Malaysia's share of the medical tourism market has nearly doubled in the last four years. In 2014, it reached 770,000 patients, bringing in revenue of around MYR700 mn,” said Prime Minister Datuk Seri Najib Tun Razak. [image: The Star]

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China pushes traditional Chinese medicine abroad

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30-Jun-15 The Chinese government will support domestic hospitals in promoting Chinese medicine worldwide, the Overseas Chinese Affairs Office of the State Council has said. It is encouraging domestic hospitals to foster ties with hospitals in other counties run by overseas Chinese and to set up Chinese medicine centres abroad. [image: UPI / Stephen Shaver]

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GGM whitepaper - China healthcare market opportunities

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China's huge healthcare market is seeing strong growth as health spending advances. The combination of urbanisation and improvements in rural areas is creating many opportunities. The ageing population is imposing increasing demands on an already stretched healthcare system, rapidly changing as healthcare reform continues, but more is needed to improve access and affordability.  Request the free whitepaper

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New VC fund for India's pharma industry

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28-Jun-15 As part of the Make in India strategy, India's government plans to set up a INR5 bn (USD79 mn) fund to boost the domestic pharma industry and provide cheaper loans for manufacturing. It is also considering single window clearance for drug approvals, to help rejuvenate the local pharma sector and make medicines more affordable. [image: ET Healthworld]

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