23-Sep-16 Philips, Macquarie University's MQ Health, and Emory Healthcare of the US have announced Australia's first remote intensive care unit (eICU) monitoring program, aimed to help high risk patients in need of 'round-the-clock' observation. "We aim to transform the delivery of care to address growing clinician shortages while improving patient outcomes," said Kevin Barrow, Managing Director of Philips Australia. [image: HIT Consultant]

30-Sep-16 By 2030, the number of elderly people in Asia is forecast to increase by 200 mn, a more than 70 percent increase in contrast to 31 percent in Europe and 55 percent in North America. Marsh & McLennan estimates the cumulative cost of elderly healthcare in Asia over the next 15 years could reach USD20 tn. [image: VOA News]

30-Sep-16 German medtech firm Biotronik opened an expanded production plant in Singapore. The firm produces implantable pacemakers, defibrillators and stents. "This small nation of 5.5 mn people is the fourth-largest exporter of high-tech goods in the world... We will be manufacturing components for Biotronik's latest and most innovative products for distribution around the world," said Erik Trip, Managing Director. [image: Biotronik]

30-Sep-16 Bangkok Dusit Medical Services (BDMS), Thailand’s largest hospital operator, plans to spend THB12.8 bn (USD370 mn) to build a luxury healthcare centre to serve rising demand from tourists seeking premium medical services. The clinic will focus on anti-aging, neuroscience and brain health. [image: Customs Today]

30-Sep-16 The Kim Young-ran Act, which came into force on 28-Sep-16, bans receiving gifts worth more than a certain amount, and complying with unfair requests. The law is also expected to change 'rebate culture,' which harms fair competition in Korea's pharmaceutical industry. For a long time, the culture was pervasive. [image: Business Korea]