26-Apr-16 LG Household & Health Care reported record high results in the first quarter of 2016. Net sales of KRW1.5 tn (USD1.3 bn) and operating profit of KRW234 bn (USD199 mn) represent growth of 17% and 31% respectively. Sales of Health products increased 6.5% and operating profit increased 12%, due to steady growth in both personal and home care segments. [image: LG]

26-Apr-16 The Japanese government will work with medical device maker Nihon Trim to set up a chain of hospitals in China, to promote medical exports while helping to alleviate the shortage of facilities there for treating lifestyle diseases. Mitsubishi Corp and other major companies are considering contributing through such steps as developing meals for diets designed to prevent diabetes. [image: Reuters]

25-Apr-16 Singapore's leading private medical provider, Raffles Medical Group, is seeking opportunities to open hospitals and medical centers in China's top cities. The group plans to open a 400-bed facility in Shanghai in 2018, adding to existing clinics in seven cities in China, including Shanghai, Beijing, Nanjing and Dalian. [image: Nikkei Asian Review]

24-Apr-16 Australia's third largest private healthcare group, Healthe Care, officially became a member of Luye Medicals Group Pte Ltd (Luye Medical Group) after the acquisition from Australia's Archer Capital Fund was completed. Through this acquisition, Luye Medical has leapfrogged into the ranks of the largest international private medical groups in the region. [image: Luye Medical Group]

22-Apr-16 Medical imaging company Carestream Health will build a cloud platform to establish a new clinical ecosystem in China. The company is discussing the project with several large hospitals and IT companies including Alibaba, with whom Carestream has already announced a partnership. The aim is gradually to provide complete medical IT solutions via the platform. [image: Carestream Health]