27-Dec-15 Japanese health monitor maker Omron Healthcare is looking at more than doubling its revenues in India to USD40 mn by 2018/19, on the back of sales network expansion. The company, which is expecting sales of USD19 mn this year, is also open to the idea of opening a factory in India depending on the demand of its products. [image: Ormon Healthcare].

15-Dec-15 Ovitz Corporation, a startup that develops portable devices to check eyes, is set to support developing countries. Kim Joung-yoon, CEO of Ovitz, said “There are 4.5 billion people across the globe in need of visual correction, and 80% of cases are preventable... However, it is actually very difficult for the disadvantaged in developing countries to get proper eye exams." [image: Business Korea]

14-Dec-15 Chinese consumers spent RMB65 bn (USD10 bn) buying medicines, healthcare products and services on Alibaba’s Chinese retail sites in 2014, up 63% from a year earlier. In addition, sales of nursing care services grew 205% on Singles’ Day, while sales of health insurance increased 432% on Alibaba’s sites, including the huge Taobao and Tmall marketplaces. [image: International Supermarket News]

11-Dec-15 India’s Ministry of Health & Family Welfare (MOHFW) and the Central Drugs Standard Control Organization (CDSCO) have met with medical device association representatives to discuss how the country can become a hub for device manufacturing and begin to align with global regulations. The discussion centered on increasing device exports and evaluating new guidance for the industry. [image: RAPS]

11-Dec-15 Singapore will seek to improve healthcare accessibility for patients, and promote innovation in medical technology, the Minister for Trade and Industry has said. To boost healthcare accessibility, he said the healthcare workforce has to grow by 50% by 2020. Singapore will also add at least 1,700 acute beds and double the number of community hospital beds to 3,000. [image: APACMed]