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Korean and Danish companies work together to create innovative sound therapy solution

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17-Mar-17 The Korean company GEOMC and Danish sound specialist company AUDIOWISE have jointly developed a sound therapy solution aimed at reducing symptoms of depression, sleep disturbance, pain, anger, and other similar side effects of prolonged stress. The technology is being tested at Seoul National University’s research centers to provide empirical proof of effectiveness. [image: Business Korea]

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Singapore's EDBI and Philips to boost their health care investments in Asia

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07-Mar-17 Singapore-based EDBI and Royal Philips aim to accelerate their joint investment alliance and partner with more innovative companies in the digital health sector. This ambition is in line with Singapore’s latest focus to strengthen its position as a leading digital health hub. CXA Group, the employee benefits and wellness marketplace platform, is the first to receive funding from the alliance. [image: Singapore Business Review]

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68% urban Indians don't practice preventive healthcare

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25-Feb-17 As many as 68% of urban Indians do not practice preventive healthcare at an early stage, when they do not suffer from lifestyle disorders, a new study has found. The survey also found that 61% of people have acknowledged facing some health issue, with joint pains (27%), low immunity (19%) and obesity (12%) being top. [image: Business Standard]

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Singapore's CXA Group gets $25M, adds Facebook cofounder to board

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07-Feb-17 Singapore-based health technology startup CXA Group, which offers an employee benefits and wellness marketplace platform, has raised USD25 mn in Series B funding in a round led by B Capital Group and EDBI. The SaaS platform uses health screening, lifestyle risks, and data from claims and wearable sensors to predict future premium costs. [image: CXA Group]

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Private jet charters for Chinese medical tourists

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20-Jan-17 Private jet company L’Voyage is seeing growing interest in overseas medical and wellness trips from China. The ultra-rich prefer to fly by private jet and are increasingly choosing Europe and the US for treatments, drugs and technologies not available in China. Global Growth Markets estimates that 4,300 ultra-rich Chinese sought treatments overseas in 2015. [image: International Medical Travel Journal]

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