18-Mar-16 KPJ Healthcare Bhd will spend close to MYR1.3 bn (USD324 mn) to build eight new hospitals in Malaysia over the next three to five years. This includes the Damansara 2 Specialist Hospital, to be developed at a cost of MYR376 mn (USD94 mn) and expected to open its doors in the fourth quarter of 2019. [image: The Star]

17-Mar-16 India’s largest doctor discovery platform Practo has launched services in Brazil, its sixth location. This makes it one of the few homegrown Indian consumer Internet startups to capitalize on high-growth global markets. Practo is already present in Singapore, the Philippines, Malaysia and Indonesia. [image: Practo]

17-Mar-16 Canon Inc is to buy Toshiba Corp's medical equipment unit for JPY665.5 bn (USD6 bn). Canon, which makes X-ray machines and eye examination devices, has been trying for years to expand into high-margin medical devices, particularly as demand for traditional cameras has declined with the advent of smartphones. [image: Reuters]

16-Mar-16 Prenetics, a precision medicine company focused on personalized, predictive and preventive treatments, has announced a USD10 mn strategic investment led by China's Ping An Ventures. Other investors include Indonesia's Lippo Group backed Venturra Capital, Capital Union Investments and existing investors 500 Startups, COENT Venture Partners. [image: Prenetics]

16-Mar-16 Bain Capital LLC is paying USD150 mn for control of China-focused hospital operator Asia Pacific Medical Group, in the first deal for the private-equity firm’s new Asia fund. APMG provides primary care and specialty services, with a focus on neurology and oncology, and has four hospitals in China and a chain of clinics in Singapore and Malaysia. [image: Bain Capital LLC]