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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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Philips cardiac care clinics set up in Manipal

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29-Oct-15 In India, Kasturba Medical College (KMC) and Philips Healthcare have together launched Karnataka's first set of 'Chest Pain Clinics' in Manipal. These clinics will enable small hospitals and nursing homes in and around Manipal to provide timely and quality emergency cardiac care and hence save more lives. [image: Kokilaben Dhirubhai Ambani]

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Price not enough for China medtech exporters

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29-Oct-15 China's healthcare products exports have increased by 18% a year since 2008, reaching nearly USD13 bn in 2014. Medical device exporters - including Microport, Mindray, Kanghui, Wego and Andon - are not only targeting Western countries but emerging markets as well. Chinese brands are perceived as competitive on price and quality, but viewed less favorably on value and reliability. [image: Reuters]

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BIT Group opens IVD manufacturing facility in China

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29-Oct-15 The medical contract manufacturer BIT Group has established a second Chinese manufacturing operation in Shenzhen, China, as a joint venture with EDAN Instruments, a Shenzhen-based patient monitoring technology company. “The Chinese medical technology market is expected to grow at double digit rates in the coming years,” said Marius Balger, BIT CEO. [image: Invetech].

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