Articles

29-Sep-16 Plans to turn an unused shoe factory in the US city of Auburn, Maine, into a medical tourism centre for Chinese patients are faltering. Chinese investment company Miracle Enterprise plans a 200-room recovery centre for wealthy Chinese seeking medical care at the Central Maine Medical Center. Miracle Enterprise needs to find USD40 mn, but is struggling to attract investors. [image: IMTJ]

29-Sep-16 Chinese companies have announced more than USD5.2 bn of overseas healthcare acquisitions in 2016, a 15-fold jump from 2012. "Even though China’s pharmaceutical industry is still in the middle of consolidation and price wars, we hope to escape from this and do more work in terms of innovation and internationalization," said Shao Yan, CEO of China Grand Pharma. [image: China Grand Pharmaceutical and Healthcare Holdings Ltd]

26-Sep-16 Small specialised hospitals in India are planning to collaborate to expand services across the country by pooling medical expertise for maximum efficiency. “We have strong investment backing... We have planned expansion to increase to 1,000-bed facilities, from the current 108-bed hospital in Bangalore,” said Dr Anil Mehta, MD of Bangalore-based Nandana Healthcare. [image: Medical Dialogues]

15-Sep-16 Biomedical manufacturing contributed just under SGD30 bn (USD41 bn) to Singapore's GDP in 2014. Of this, pharmaceuticals accounted for nearly SGD17 bn and medical technology about SGD11 bn. This sector employs over 18,000 workers, most of whom are highly skilled and technically qualified. [image: ZUU Online]