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]

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]

18-Jan-16 With policy support and a local talent pool, biomedicine may be the next big thing in Taiwan as President-elect Tsai Ing-wen takes office in May. Biotech is one of the five focus industries to be cultivated by the the new government, which will also invested in the development of drugs, medical instruments and materials. [image: University of Melbourne]

16-Jan-16 Less than a year after making its first foray into China's healthcare sector, Singapore developer Perennial Real Estate has set an ambitious goal to create integrated healthcare hubs in 20 to 40 Chinese cities. They will be similar to the Perennial hub being constructed in Chengdu, and will mainly be in Western provincial capitals, the company said. [image: Kor Kian Beng / Perennial Real Estate Holdings]

15-Jan-16 IHH Healthcare, Asia's largest hospital operator by market capitalization, is expanding its footprint in China, the largest emerging economy on its radar. IHH said it has signed a lease with Perennial Real Estate on a 48,000 sq m plot in in Chengdu to build a 350-bed hospital. From Chengdu, IHH plans to make "inroads" into central China. [image: IHH / Singapore Trading Online]