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Indian healthcare startup Practo lays off 150 people

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08-Apr-17 Indian online doctor discovery and healthcare tech platform Practo has laid off 150 employees following its annual appraisal. The company said “this is a combination of performance and natural redundancies that emerge as we evolve our businesses and integrate our five acquisitions. We continue to rapidly grow our consumer and enterprise businesses and will continue to hire talent across the board”. [image: Times of India]

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Healthcare devices in India registered 150% growth on Amazon

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07-Apr-17 According to data from Amazon.in, the healthcare category has grown 150% year on year with some of the top selling products in the category are blood glucose monitors, fitness trackers, and blood pressure monitors. The younger generation are driving these purchases that include for self-use and gifts for parents and grandparents. [image: ET Retail / Amazon]

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Israel's eHealth giant Natali to continue to grow presence in China

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06-Apr-17 Natali, Israel's largest private healthcare provider, became a subsidiary of China's Sanpower group in 2014. Since then they have implemented their eHealth/TeleHealth technologies in the Chinese market, amassing 120,000 Israeli subscribers and over 4 mn in China. When asked about the Chinese healthcare market, Nimrod Altman, CEO of Natali Healthcare Group , noted "Barriers are collapsing". [image: PRNewsFoto / Natali Healthcare Group]

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Many American healthtech companies would have more success in emerging markets

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06-Apr-17 Global healthcare spending is roughly USD7 tn, according to the US Department of Commerce and many companies would have more success pursuing product approval in emerging markets as the technologies may be more helpful for those patient populations and the regulatory burdens more manageable, suggested Matthew Hein, representative for the US DoC at the MedTech Intelligence Global Regulatory conference. [image: MedTech Intelligence]

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Korean medical institutions continue their global expansion

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06-Apr-17 Korea's medical institutions expanded their businesses into 20 countries during 2016, according to a report by the Ministry of Health & Welfare. During 2016, Korean medical institutions continued their spread of the medicalss "Korean wave”, entering countries including China, the USA, Vietnam, Kazakhstan, and the UAE as well as many others, three more countries than in 2015. [image: Business Korea]

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