28-Jun-16 Pfizer Inc will invest USD350 mn to build a biotech center in China, the latest in move by pharma industry giants to set up in the world's no.2 drugs market, with the aim of securing faster approvals for products. The facility in Hangzhou - Pfizer's first biotech center in Asia - is expected to be completed by 2018. [image: Reuters / Andrew Kelly]

20-Jun-16 Apollo Hospitals Group and Hainan Ecological Smart City Group, a Chinese industrial park developer, signed an MoU jointly to develop a highly integrated modern healthcare service facility in China's Hainan province. The hospital will have medical, nursing and paramedical colleges attached and will cater to medical tourists from China and other nations, as well as people from Hainan. [image: Indian White Paper]

15-Jun-16 Bricon GmbH, part of China's Naton Medical Group, has acquired the manufacturing site of Zrinski AG in Germany and has re-formed it as Zrinski GmbH. Naton, with more than 3,500 employees, is one of China’s leading medical technology manufacturers. It intends to expand its position in the premium segment of the Chinese market with products “Made in Germany”. [image: Zrinski]

25-Jun-16 A project to create an intelligent health system for Ho Chi Minh City will be submitted to the People’s Committee in Jul-16. The city Department of Health is working to establish a common data centre for health by 2017. A study at 92 hospitals, 24 preventive health centres and 319 other centres found a shortage of computers at district level. [image: Viet Nam News]

11-May-16 In what could be one of Singapore's biggest IPOs in more than a year, managed healthcare provider Fullerton Health is said to be seeking to raise some SGD300 mn. The group - which owns 200 clinics and facilities - is understood to have a capitalisation of SGD1.5 bn, making it the third largest healthcare outfit after IHH and Raffles. [image: Bloomberg]