05-Mar-15 Thanks to the Korean President’s recent trip to the Middle East, four Korean pharma companies signed MOUs with Saudi firm Sudair Pharmaceutical, in deals worth about $182 million. Yonsei University Severance Hospital and Korea’s Green Cross Laboratories also signed deals with Saudi hospital operators. Korea has become one of the most popular medical tourism destinations for Middle Eastern countries. [image: Business Korea]

26-Feb-15 South Korean electronics giant Samsung has set up an R&D center in Turkey in cooperation with local tech firm Semper-Tech. The facility will conduct R&D on next-generation wireless technologies with a particular focus on healthcare and educational software. [image: Samsung]

26-Feb-15 The current growth of medical tourism is not stopping Southeast Asian hospitals from thinking about future business. Many are looking beyond their borders in the search of new sources of revenue. Bangkok Dusit Medical Services, Thailand's largest private hospital operator, recently opened its third institution in the only foreign country that it operates in, Cambodia. [image: Nikkei Asian Review]

26-Feb-15 Mexico is the fifth largest exporter of medical devices globally. The country has the advantage of proximity to the US and 20% lower manufacturing costs than other leading manufacturing nations. Since financial norms emphasize cost reduction for suppliers to OEMs in the medical device industry, Mexico is emerging as a striking choice for mid-sized companies. [image: U-T San Diego]

24-Feb-15 Healthscope's private hospital business could grow faster but is held back by full wards and operating theatres, underlining the importance of its target to add 1,000 beds over the next three years. Half-year revenue growth of 6.3% was underpinned by patients with more complex and costly needs, and new funding arrangements with private health insurers. [image: The Sydney Morning Herald]