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Prices of medical services hiked in Vietnam

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09-Jun-15 Health authorities in Ho Chi Minh City have raised the prices of 2,000 medical services at 378 state-owned facilities including 52 hospitals, as part of a nationwide effort to improve healthcare system finances. The prices of 477 services were raise to 85% of the ceiling rates which are due to be reached by June 2016, and the remainder to 75%. [image: Tuoi Tre News]

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China hikes registration fees for drugs, medical devices

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27-May-15 China's drug regulator (CFDA) has raised steeply the fees required to register drugs and medical devices in the world's second-biggest pharmaceutical market, as a lack of resources and expertise hinders its ability to process the rising number of applications. The fee for registering a new locally-made drug will soar to RMB624,000 (USD101,000) compared with just RMB35,000 in 2013. [image: Pharma Logic Solutions].

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Foreign players can now invest in Punjab’s health sector

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21-May-15 The Punjab Cabinet in India has given the nod to foreign players to invest in the healthcare sector, including setting up hospitals in the upcoming Medicity project at Mullanpur in Mohali. The amended policy allows 100% owned subsidiaries, and JVs by foreign health institutions. [image: The First Mail]

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Thailand will curb medicine prices to rein in healthcare costs

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16-May-15 The Thai government is looking at reining in skyrocketing healthcare costs at private hospitals by controlling the price of medicines and hospital services. Private hospitals will also be required to post the price of drugs and services on their websites and other channels so patients are informed in advance before commencing treatment. [image: The Nation]

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India okays plan to monitor medical device safety

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16-May-15 After several horrific cases of malfunctioning medical devices, India's health ministry has approved a materio vigilance program in an effort to ensure safety. Despite being a USD3.1 bn market, India has no system for registering adverse events or tracking safety records. The proposed plan envisages a nation-wide programme involving district hospitals, medical colleges and corporate hospitals. [image: Health Technology]

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