19-Nov-15 Private hospital group Healthscope has acquired the 83-bed Hunter Valley Private Hospital in New South Wales for $71.3 million. After the acquisition, Healthscope will operate 46 hospitals throughout Australia. [image: Patrick Scala]
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18-Nov-15 The Brazilian São Paulo Research Foundation (FAPESP) and UK pharmaceutical firm GlaxoSmithKline (GSK) announced that they will be working together on the creation of two clinical research centres at educational and R&D institutions in the state of São Paulo. This project will require BRL88 mn, of which the FAPESP and GSK will share BRL35 mn. [image: GSK]
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17-Nov-15 King's College Hospital has become the clinical partner for the first Indo UK Institute of Health, in New Chandigar, India. Backed by up to GBP100 mn of private investment, the project is the first of 11 which will see hospitals, nursing schools and medical colleges developed across India. The initiative will eventually amount to a GBP1 bn investment. [image: GOV UK]
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05-Nov-15 Australia's Ramsay Health Care has struck a joint venture agreement to open a string of high quality international hospitals in China's Pearl River Delta. The JV is with Jinan University No.1 Affiliated Hospital, also known as Guangzhou Overseas Chinese Hospital, and has the support of the Chinese government. [image: The Sydney Morning Herald]
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16-Nov-15 Japan, with sales of USD115, accounts for 10% of the global pharma market, compared with 38% for the US and 21% for Europe. Lupin is the only Indian company in Japan's generics market. But now Sun Pharmaceuticals is planning to acquire Novartis' Japanese drug portfolio. Other Indian generics makers, including Dr Reddy’s and Glenmark, are also exploring options. [image: Bloomberg]
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