19-Jan-16 Medical tourism facilitator Medigo has secured an additional EUR3.35 mn in capital after closing an extension round with CL Ventures, and now reports total funding at USD10 mn. MEDIGO opened its Australian office in late 2015, and is starting one in Singapore. “We are committed to supporting MEDIGO as it enters the Chinese market,” said CL Ventures CEO, Hong Zhou. [image: MEDIGO]

19-Jan-16 Philippines Vice President Jejomar Binay has criticized the government’s health program, saying its health policies had been an additional burden to the poor instead of helping them. Citing a report from IBON Foundation, a spokesman said PhilHealth members were still shelling out money for confinement, medicine and other medical needs, defeating the purpose of PhilHealth membership. [image: The Standard]

15-Jan-16 From 1-Jan-16 foreigners in Malaysia began bearing the full cost of medical treatment at government hospitals and clinics, a year ahead of initial plans. The Health Minister said the ministry revised its healthcare subsidy for foreigners as a cost-cutting measure to weather current economic challenges. [image: New Straits Times]

15-Jan-16 Singapore based traditional Chinese medicine (TCM) retailer Eu Yan Sang Intl (EYSI) has inked a deal to receive up to SGD60 mn (USD35 mn) in funding from HCare Investments Holding, an investment vehicle managed by Hong Kong based CareCapital Advisors, as it widens its footprint in China. [image: Eu Yan Sang]

14-Jan-16 Philips has announced an agreement with the Sijunjung Regency in West Sumatra, Indonesia, for full-scale commercial implementation - Philips’ first globally - of its Mobile Obstetrics Monitoring (MOM) service. The smartphone service identifies mothers-to-be at high risk and enables midwives in remote locations to share data and ultrasound images with obstetricians in the country’s larger hospitals, for improved decision-making. [image: Philips]