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India's healthcare characterised by out of pocket spending

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 Insights

28-Feb-18 India's healthcare market is estimated to grow to USD280 bn by 2020. The government health service spends only 1.4% of GDP on healthcare, while the 4.7% of GDP spent overall reflects the high out-of-pocket expenditure most Indians make. [image: GOV.UK]

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Alibaba opens first joint research institute outside China in Singapore

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 Insights

28-Feb-18 Alibaba Singapore opened a research institute in a collaboration with Nanyang Technological University, committing a multimillion-dollar investment annually for five years. The institute will explore real-life artificial-intelligence solutions in areas such as health, ageing and lifestyle. [image: Channel News Asia]

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We'll develop India home healthcare from scratch: Philips

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 Insights

26-Feb-18 Richa Singh, Philips India Homecare CEO says "right now we are restricted to working with private doctors and private hospitals. There is a big opportunity to work with the government hospitals and doctors as well. That is where the potential lies." [image: Business Standard]

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Philips Thailand senses opportunity in digital

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 Insights

26-Feb-18 Philips Thailand plans to focus on digital and connected healthcare in 2018 to capitalise on the government's 'Thailand 4.0' policy. According to the company CEO, "Connected healthcare is the forefront of Philips's strategy for growing the business." [image: Bangkok Post]

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MicroPort partners China’s Yunfeng to buy LivaNova

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23-Feb-18 Hong Kong-listed medical device manufacturer MicroPort Scientific and Chinese PE firm Yunfeng Capital will acquire the cardiac rhythm management business of US-listed medical technology company LivaNova for USD190 mn. [image: Deal Street Asia]

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