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Apollo Health shortlists private equity firms to raise USD73 mn

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08-Feb-16 Apollo Hospitals has short-listed three private equity firms and expects to close a deal to raise INR500 crore (USD73 mn) by March to fuel its expansion plans. While Apollo Diagnostics already has 15 labs and more than 80 patient care centres, it plans to launch 200 labs and 1,000 patient care centres over five years in tier 2 cities. [image: G Ramakrishna]

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Parkway to build USD70 mn hospital in Yangon

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01-Feb-16 Parkway Pantai is set to open a USD70 mn, 250-bed hospital in Yangon, in a bid to capitalise on the largely untapped healthcare market of Myanmar. Parkway Yangon will be Parkway Pantai's first hospital in Myanmar, where demand for quality healthcare is growing. The hospital is expected to open in 2020. [image: IHH]

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12 Healthcare growth markets stories from 2015, month-by-month

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18-Jan-16 As the healthcare industry considers the possibilities - and challenges - of the year ahead, here's a look back at 12 notable Healthcare growth markets stories from 2015 you may have missed, month-by-month, including "China’s physicians encouraged to take up second jobs", "Vietnam achieves healthcare Millennium Development Goals", "World's biggest healthcare facility financed in Turkey" and more.

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China to open 20 overseas TCM centers

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21-Jan-16 China plans to open 20 Traditional Chinese Medicine (TCM) collaboration centers overseas in 2016. The centers will be based on the various needs for TCM in different countries and will require local partners, including hospitals, research institutions and pharma companies. The international market for TCM is valued at USD50 bn. [image: Bao Kangxuan / Asianewsphoto]

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Medical tourism startup MEDIGO exceeds USD 10 mn funding

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19-Jan-16 Medical tourism facilitator Medigo has secured an additional EUR3.35 mn in capital after closing an extension round with CL Ventures, and now reports total funding at USD10 mn. MEDIGO opened its Australian office in late 2015, and is starting one in Singapore. “We are committed to supporting MEDIGO as it enters the Chinese market,” said CL Ventures CEO, Hong Zhou. [image: MEDIGO]

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