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Taiwan medical equipment output could hit USD6 bn by 2020

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04-Nov-15 The production value of Taiwan's medical equipment sector is expected to reach NTD200 bn (USD6.13 bn) in 2020, as the government will help local manufacturers to launch new applications, the Ministry of Economic Affairs said. In 2014, production rose 6% to NTD123 bn, accounting for 43% of the total biotech industry. [image: Focus Taiwan]

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China's Sinocare to buy Nipro Diagnostics

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03-Nov-15 Chinese diabetes tech firm Sinocare has signed an agreement to acquire Nipro Diagnostics from Japan's Nipro Corp, for USD273 mn. Nipro Diagnostics is based in Florida and manufacturers products for people with diabetes, including a portfolio of blood glucose monitoring technologies. Sinocare CEO Shaobo Li said “Diabetes has become one of the biggest challenges to our public healthcare system and society." [image: Sinocare]

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Communist Party vows to build a "healthy China"

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03-Nov-15 The Communist Party of China has vowed to build a "healthy China" with a better health system and balancing the population through the two-child policy. In a proposal for the 13th five-year plan (2016-2020), the CPC called for an efficient basic healthcare system in both urban and rural areas and modern management of hospitals. [image: Xinhua Finance Agency]

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Chinese group Fosun expands health business in Portugal

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03-Nov-15 Luz Saúde is investing EUR100 mn in the expansion of Hospital da Luz in Lisbon, Portugal, a project to double its capacity which will be completed in 2018. The company is controlled by Chinese group Fosun through insurance company Fidelidade - both were acquired in 2014 following the collapse of the Espírito Santo financial group. [image: Macau Hub]

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Hanoi promotes high-tech application in health care

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30-Oct-15 Hanoi’s health sector has focused on developing high-quality medical techniques over the last five years. Saint Paul, a leading hospital in the city, has earmarked funding for modern equipment and advanced technologies, focusing on thoracic endoscopic surgery, treatment of digestive and urologic diseases, brain tumor surgery and analgesic treatments for cancer patients. [image: VNA]

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