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]
Read More
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]
Read More
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]
Read More
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]
Read More
10-Mar-16 Practo, the Bengaluru headquartered online healthcare platform, has seen very rapid growth over the last eight years with a presence in 35 Indian cities and in countries such as Singapore, Malaysia, Indonesia and the Philippines. Backed by USD120 mn investment capital Practo aims to expand into 100 cities in India and grow as a global digital healthcare company. [Image: Notey]
Read More