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Dalian Wanda to invest USD10 bn in China healthcare hub

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10-Apr-17 Dalian Wanda Group will invest CNY70 bn (USD10 bn) in a health park in China's southwest, as some of the country's biggest companies look to tap demand for private healthcare. Wanda said it had signed an agreement with the Chengdu city government to create a 'park' with two international general hospitals, eight small specialized hospitals and 30 healthcare-related firms. [image: ET Healthword]

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Gleneagles Global Hospitals launches a new facility in Bengaluru

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09-Apr-17 Gleneagles Global Hospitals, a Parkway Pantai Enterprise, has opened its newest facility in India, Richmond Road, spread over 15,000 sq ft, housing 10 core specialties with state-of-the-art equipment and diagnostics, offering multi-disciplinary care. Dr K Ravindranath, Chairman & Founder, said, “Our new hospital at Richmond Road is a significant addition to our ongoing efforts in medical excellence.” [image: ET Healthworld]

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Indian healthcare startup Practo lays off 150 people

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08-Apr-17 Indian online doctor discovery and healthcare tech platform Practo has laid off 150 employees following its annual appraisal. The company said “this is a combination of performance and natural redundancies that emerge as we evolve our businesses and integrate our five acquisitions. We continue to rapidly grow our consumer and enterprise businesses and will continue to hire talent across the board”. [image: Times of India]

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Healthcare devices in India registered 150% growth on Amazon

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07-Apr-17 According to data from Amazon.in, the healthcare category has grown 150% year on year with some of the top selling products in the category are blood glucose monitors, fitness trackers, and blood pressure monitors. The younger generation are driving these purchases that include for self-use and gifts for parents and grandparents. [image: ET Retail / Amazon]

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