Insights

05-Oct-17 Health expenditure in Australia exceeded 10% of GDP for the first time in 2015-16. AUD170 bn (USD132 bn) was spent on health, 3.6% more in than in 2014–15, a slower increase than previous years. [image: Alamy Stock Photo / The Guardian]

05-Oct-17 A Chinese University department head sees opportunity as Hong Kong braces for 30% of its population to be older than 65, saying it should seize opportunities to develop biomedical technology that could boost the economy and provide better healthcare. [image: South China Morning Post]

05-Oct-17 Pakistan and Vietnam have agreed to initiate steps to enhance bilateral trade and economic cooperation in a range of areas, with Vietnam offering to invest in technology and healthcare in Pakistan. [image: The Nation].

05-Oct-17 Chinese drug firm Fosun Pharma has acquired a 74% controlling interest of Hyderabad based Gland Pharma at a valuation of USD1.1 bn. The new owners intend to keep present management in charge of the day-to-day running of the company. [image: Gland Pharma Limited]

04-Oct-17 The largest independent health insurance company in India, Chennai based Star Health & Allied Insurance, has formally kicked off a sale process with an asking price of USD900 mn to USD1 bn. [image: ET Healthworld]