29-Feb-16 An agreement worth RMB10 bn (USD1.5 bn) has been signed between WuXi AppTec and Ping An Bank jointly to explore the health industry. According to the deal, Ping An will provide a credit line for WuXi AppTec to promote the pharmaceutical platform company's development in the domestic market. [image: Chinatopix / Getty Images]
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29-Feb-16 The Japanese External Trade Organization (JETRO), which has set a foreign direct investment target of USD300 bn by 2020, is now wooing Indian pharmaceutical companies to maximize its conducive research-innovation ecosystem and advanced manufacturing infrastructure. To this end Japan has amended the Pharmaceutical Affairs Act, drastically improving the approval process for medicine and medical devices. [image: JETRO]
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22-Feb-16 The healthcare sector is expected to invest VND1.8 tn (USD81 mn) in IT in 2016-20, according to a plan approved by the Ministry of Health. There will be 33 IT projects in the next five years, including building a database on human resources, constructing infrastructure for the ministry’s data center, and developing an integrated information system for the ministry’s leadership. [image: Le Toan / Vietnam Investment Review]
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18-Feb-16 The Philippines’ oldest conglomerate Ayala Corp plans to expand its investments in the healthcare sector with the roll out of 100 retail clinics under the brand-name FamilyDoc over the next three years. So far, it has two FamilyDoc clinics located in Las Piñas and Imus, Cavite. The clinics will house a pharmacy, a diagnostic center, and physicians to handle consultations. [image: Retail News Asia]
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