20-Apr-17 As China develops, it struggles to deal with wrenching healthcare challenges. It produces few breakthrough innovations in medicine and healthcare technology. New investments and policy reforms, however, could transform China into one of the top R&D hubs. The Chinese government recently enacted new programs to stimulate entrepreneurship, bolster domestic research institutions, and promote innovative approaches to upgrading the healthcare system. [image: Techonomy / Shutterstock]

14-Apr-17 China's Aier Eye Hospital plans to purchase the largest listed eye-clinic group in Europe, making it the world's largest ophthalmic medical group. It announced an offer to buy Spain's Clinica Baviera SA, specializing in laser eye surgery, with its 280 ophthalmologists and 76 eye clinics in Spain, Germany and Italy. The acquisition will cost Aier EUR152 mn (USD162 mn). [image: Ge Yinian / China Daily]

12-Apr-17 Indian health tech startup Lybrate has raised USD3 mn in new funding to achieve its goal of connecting patients with doctors in India and helping to raise awareness of basic medical practices. The startup’s biggest rival is Practo, which offers doctor-finding and health information, and has also raised several million US dollars in past month.

10-Apr-17 Korean biotech companies are drawing much interest and investment from well-known foreign investors including Bain Capital, Goldman Sachs and the state-run Chinese company Tsinghua Tongfang Group. Korea biotech firms, according to one investor "are second to none, in terms of technology but their values have been underestimated due to the small size of the domestic market.” [image: Business Korea]

10-Apr-17 Dalian Wanda Group will invest CNY70 bn (USD10 bn) in a health park in China's southwest, as some of the country's biggest companies look to tap demand for private healthcare. Wanda said it had signed an agreement with the Chengdu city government to create a 'park' with two international general hospitals, eight small specialized hospitals and 30 healthcare-related firms. [image: ET Healthword]