11-May-16 18% of global deaths and 20% of loss of disability-adjusted life years occur in India. Amidst these challenges, adoption of technology offers some hope. Telemedicine was a stepping stone and now adoption of the Internet of Things (IoT) will help provide universal access to healthcare in rural and semi-urban India, medical facilities for the poor and development of preventive self-care. [image: BW CIOWorld]
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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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28-Apr-16 Fitbit, the leader in connected health and fitness, and Tmall.com, China's largest third-party web platform, owned by Alibaba, have signed an MoU to expand Fitbit’s reach in China. The partnership will introduce the Fitbit platform to hundreds of millions across the country. "Since 2014, we’ve seen steady growth in the market," said Woody Scal, Chief Business Officer at Fitbit. [image: Fitbit]
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05-May-16 An electronic system could save patients millions of hours in queues at public sector clinics in Hong Kong. In 2014/15, each patient had to wait two hours on average. The system tracks the patient from arrival to the time they enter the consultation room, and queue status is updated on a screen informing patients how long they have to wait. [image: South China Morning Post]
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03-May-16 China's Sinocare Inc has signed a purchase agreement privately-held PTS Diagnostics for up to USD200 mn in cash. PTS is a US-based manufacturer of biometric testing devices. "Together, our future will be centered on transforming preventative medicine, biometric testing, and connectivity by providing fast, easy, portable, and accurate medical devices and information management systems,” said Robert Huffstodt, CEO of PTS. [image: Sinocare Inc.]
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