18-Jan-17 The CDFA has published “Guidelines for the Preparation of Special Reports on the Application of Innovative Medical Devices" to encourage medical device study and innovation, and to promote new medical device technology. The medical device industry represents massive potential in China with only 14% of the country’s total pharma/devices market, compared with 42% in developed markets. [image: Woke Medical]

18-Jan-17 Singapore will reorganise the healthcare system into three integrated clusters. Health Minister Gan Kim Yong said “There remain many challenges ahead such as our ageing population, increased chronic disease burden and the need to manage future growth in healthcare manpower and spending.” With all three clusters having primary care capabilities, integration of care in instances like patient referrals will be streamlined. [image: Today / Channel News Asia]

18-Jan-17 Private equity firms and hedge funds are investing heavily into China’s healthcare industry in a bet on the sector’s upbeat growth potential. Private hospitals and drug makers are among the bright spots for investors focusing on China, where rising income and an ageing population are boosting the demand for quality medical services. [image: South China Morning Post]

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17-Jan-17 India’s Practo has raised US$55 mn in funding led by China’s Tencent. The funds will be used to foray into health insurance, bundling it with its consumer-facing services. Practo aggregates over 200,000 doctors across 10,000 hospitals, 8,000 diagnostic centers and 4,000 wellness and fitness centers in India, Brazil, Philippines, Malaysia, Indonesia and Singapore. [image: Tech In Asia]