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Columbia China reopens orthopedic hospital in Shanghai

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26-Oct-16 Columbia China is reopening the 232-bed Shanghai Kaiyuan Orthopedic Hospital, after spending USD75 mn to acquire and retrofit it. Columbia China plans to expand through acquisitions and greenfield projects. “Shanghai Kaiyuan Orthopedic Hospital is positioned to be the Orthopedic Center of Excellence in joint, spine, minimally invasive surgeries and sports medicine,” said Bee Lan Tan, President of Columbia China. [image: Columbia China]

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Hoya picks up Performance Optics for USD476 mn

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12-Oct-16 Hoya Corp is to buy Performance Optics for USD476 mn. “Performance Optics provides Hoya with additional capabilities in polycarbonate, photochromic and polarized lens technologies, as well as an expansion of our global footprint,” Hoya Vision Care CEO Girts Cimermans said. Performance Optics has manufacturing facilities in the US, Korea, Thailand and Indonesia.

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Singapore shells out SGD3m to boost traditional Chinese medicine

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24-Oct-16 With the increasing demand for TCM in Singapore, the integration of three important aspects - education, clinical practice and research - is seen as essential. To kick start research efforts, Singapore's Ministry of Health has ring-fenced SGD3 mn (USD2.2 mn) to encourage collaborative clinical research in TCM. [image: Yahoo! / Singapore Business Review]

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Fujifilm to expand medical equipment business in India

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22-Oct-16 Fujifilm India is planning to expand its medical devices business into high-end screening machines with an eye on both the domestic market and exports. The company relies on third-party manufacturers. Yasunobu Nishiyama, MD, said Fujifilm didn’t have plans to set up a manufacturing plant for medical devices in India but it would consider it, if volumes are high. [image: Fuji Film]

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