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Malaysia's IHH enters Eastern Europe

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21-Apr-16 IHH Healthcare, Asia's largest hospital operator, said that its Turkish subsidiary will invest EUR76 mn (USD86 mn) in healthcare facilities in Bulgaria. Istanbul-based Acibadem has signed deals to acquire wholly Tokuda Hospital. Separately, Acibadem also entered into a sale agreement for a 33% stake in City Clinic. The combined entities will become the largest private healthcare operator in Bulgaria. [image: IHH Healthcare Berhad]

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Cipla bets big on consumer health in India

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20-Apr-16 India's Cipla has renewed its focus on over-the-counter (OTC) products five years after it exited the segment. The company aims to build three-to-five INR1 bn (USD5 mn) brands in five years with the launch of novel products and tapping into the growing health and wellness consciousness amongst the urban population. [image: Business Standard]

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Family doctor clinics fail to attract patients in Vietnam

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20-Apr-16 Although the family doctor model has been implemented in many district and communal medical centres in Ho Chi Minh City, it is still an unpopular service among patients. Since people are unaware of the benefits of family doctor clinics, popularising the model remains a challenge. [image: DTiNews]

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India's healthcare sector to lead in eHealth

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20-Apr-16 India's healthcare sector is poised to grow to USD280 bn by 2020, is expected to be a leader in e-health by 2019. It should reach USD160 bn by 2017, accounting for 4.2% of GDP. Indian telemedicine is showing robust growth at approximately 20% and is projected to grow from USD8 mn in 2012 to USD19 mn by 2017. [image: Money Control]

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Singapore: An emerging hub for medical devices

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20-Apr-16 Singapore’s medical devices industry is aiming to hit SGD5 bn in manufacturing output. The government is targeting up to 1 mn foreign patients a year, which will contribute SGD2.6 bn (USD1.6 bn), or about 1%, to Singapore’s GDP. Already there are 30 global medical technology companies, including the industry’s leading manufacturers, with operations and R&D in Singapore. [image: Asian Briefing].

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