10-Oct-16 As state spending on health continues to increase - in the 2015-16 fiscal year it increased 7% - demand for private and specialist services are also expected to increase as the middle class grows. With this comes an opportunity for the private sector to work with the public sector, NGOs and the government to improve the situation across the country. [image: Aye Zaw Myo / World Bank / CC BY-NC-ND]
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09-Oct-16 The Manila-based Medical City hospital group is boosting its presence in the UAE, to promote medical tourism to the Philippines. It opened a AED10 mn polyclinic in Dubai in October 2015. It will be followed by more clinics in the city and the Northern Emirates in 2017, mostly through acquisitions. [image: The National]
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05-Oct-16 Chinese conglomerate Fosun International is in advanced talks to acquire Hospital da Bahia, a Brazilian hospital in the city of Salvador, for about BRL1 bn (USD308 mn). Brazilian business daily Valor Economico reported that Fosun is also looking to spend an additional BRL2 bn on other acquisitions to form a Brazilian hospital chain. [image: Fosun International Ltd]
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05-Oct-16 Giving a push to local production of high-end medical equipment, the Indian government has given its nod to sub-lease over 300 acres of land in Chennai for the country's first medical devices manufacturing park. The project will reduce the dependence on imports and create a strong base for domestic industry by providing access to state-of-the-art infrastructure. [image: PTI]
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03-Oct-16 Intuitive Surgical is expanding into robotic-assisted catheter-based medical devices through a JV with Shanghai Fosun Pharmaceutical. These devices will use IP from Intuitive Surgical and will focus on diagnosis and treatment of lung cancer. R&D and manufacturing will take place in Shanghai. Intuitive Surgical will oversee distribution outside China while the JV will be in charge within China. [image: Asian Scientist Magazine]
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