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Indonesia's Siloam to acquire two hospitals and build ten

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10-Jul-15 Indonesian hospital operator PT Siloam, part of the Lippo Group, is expanding by acquiring at least two new hospitals through a new share issue. Siloam has allocated USD80 mn this year to build 10 hospitals and upgrade its existing ones. It aims to expand across Indonesia to own 50 hospitals by 2017, from 20 at present. [image: Commercial Asia]

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Chinese companies to invest USD1 bn in med tech in India

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09-Jul-15 The Indian state of Karnataka is on the radar of Chinese businesses from Yunnan, lead by Sunpa Group, which are expected to invest up to USD1 bn in an industrial park at Vasanthnarasapura, including investments in telemedicine, medical equipment manufacturing, solar power and tech research. [image: Economy Watch]

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It's official: India's private hospitals cost an arm and a leg

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09-Jul-15 Private hospitalization in India is prohibitively costly, a survey by the National Sample Survey Organization has found. On average treatment at a private hospital costs over three times more than at a government facility. People go to private hospitals because government hospitals are so few and under so much pressure, according to the People's Health Movement. [image: Live Mint]

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Fujifilm, 9 others plan regenerative medicine center

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22-Jun-15 Ten companies with medical-related operations in Japan are looking to team up with overseas biotechnology concerns to develop regenerative medicine treatments using cultured cells. The companies, including Fujifilm, CellSeed, Astellas and Janssen, will set up a development center to pool their technologies. [image: The Japan Times]

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World's biggest healthcare facility financed in Turkey

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25-Jun-15 The International Finance Corporation (IFC) has agreed to lend USD172 mn to fund the building of the world's biggest healthcare facility, to be located in Turkey. The new campus will house eight hospitals with almost 2,500 beds and is part of a program to improve Turkey's public hospital infrastructure. [image: Hurriyet Daily News]

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