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Healthcare startups go to China, India & Singapore to flourish

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08-May-16 Venture funding in healthcare globally reached a record USD4.5 bn in 302 deals in 2015, a four fold increase since 2011. A new generation of healthcare startups, focussing on the consumer market, has been gaining rapid ground. China, India and Singapore have become hotbeds for healthtech start-ups, most about doctor and clinic discovery. [image: Deal Street Asia]

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Raffles Medical Group eyes expansion into Chinese cities

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25-Apr-16 Singapore's leading private medical provider, Raffles Medical Group, is seeking opportunities to open hospitals and medical centers in China's top cities. The group plans to open a 400-bed facility in Shanghai in 2018, adding to existing clinics in seven cities in China, including Shanghai, Beijing, Nanjing and Dalian. [image: Nikkei Asian Review]

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Singapore's Luye Medical aquires Australia's third largest private healthcare group

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24-Apr-16 Australia's third largest private healthcare group, Healthe Care, officially became a member of Luye Medicals Group Pte Ltd (Luye Medical Group) after the acquisition from Australia's Archer Capital Fund was completed. Through this acquisition, Luye Medical has leapfrogged into the ranks of the largest international private medical groups in the region. [image: Luye Medical Group]

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Singapore: An emerging hub for medical devices

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20-Apr-16 Singapore’s medical devices industry is aiming to hit SGD5 bn in manufacturing output. The government is targeting up to 1 mn foreign patients a year, which will contribute SGD2.6 bn (USD1.6 bn), or about 1%, to Singapore’s GDP. Already there are 30 global medical technology companies, including the industry’s leading manufacturers, with operations and R&D in Singapore. [image: Asian Briefing].

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