10-Apr-17 Korean biotech companies are drawing much interest and investment from well-known foreign investors including Bain Capital, Goldman Sachs and the state-run Chinese company Tsinghua Tongfang Group. Korea biotech firms, according to one investor "are second to none, in terms of technology but their values have been underestimated due to the small size of the domestic market.” [image: Business Korea]

10-Apr-17 Dalian Wanda Group will invest CNY70 bn (USD10 bn) in a health park in China's southwest, as some of the country's biggest companies look to tap demand for private healthcare. Wanda said it had signed an agreement with the Chengdu city government to create a 'park' with two international general hospitals, eight small specialized hospitals and 30 healthcare-related firms. [image: ET Healthword]

09-Apr-17 Gleneagles Global Hospitals, a Parkway Pantai Enterprise, has opened its newest facility in India, Richmond Road, spread over 15,000 sq ft, housing 10 core specialties with state-of-the-art equipment and diagnostics, offering multi-disciplinary care. Dr K Ravindranath, Chairman & Founder, said, “Our new hospital at Richmond Road is a significant addition to our ongoing efforts in medical excellence.” [image: ET Healthworld]

05-Apr-17 Singapore based Zuellig Pharma has launched Zuellig Health Solutions innovation centre, in Singapore and plans to invest over USD35 mn in the next five years. On why it chose Singapore for its new venture, CEO John Davison said: "We see many of our clients in the pharmaceutical and consumer health sector (such as) GlaxoSmithKline and AstraZeneca here in Singapore." [image: Zuellig Pharma]

04-Apr-17 Australian online medical appointment booking website HealthEngine secured USD27 mn in investment to fund its local and global expansion ambitions. The Perth-based start-up was founded in 2006 and is already used by more than 1 mn people in Australia every month who can book appointments with more than 15,000 doctors and other healthcare professionals. [image: HealthEngine]