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China's iKang announces acquisition of Guizhou Wishstar

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23-Mar-16 iKang Healthcare Group, China’s largest private preventive healthcare services provider, has announced a joint venture with Guizhou Hearst Healthcare, marking iKang’s first in Guiyang. It will effectively expand its presence into the Southwest China market. [image: iKang Healthcare Group]

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J&J to boost medtech in emerging markets

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21-Mar-16 Johnson & Johnson has seen the profitability of its consumer and medical device sectors flag in recent years, prompting activist investor Artisan to put pressure on the firm. The company’s executives recently shared their vision for growing its medical device business with a six-pronged plan that includes boosting its consumer medical devices business and expanding into emerging markets. [image: Johnson & Johnson]

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Canon agrees to buy Toshiba's medical equipment unit

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17-Mar-16 Canon Inc is to buy Toshiba Corp's medical equipment unit for JPY665.5 bn (USD6 bn). Canon, which makes X-ray machines and eye examination devices, has been trying for years to expand into high-margin medical devices, particularly as demand for traditional cameras has declined with the advent of smartphones. [image: Reuters]

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Bain Capital enters China

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16-Mar-16 Bain Capital LLC is paying USD150 mn for control of China-focused hospital operator Asia Pacific Medical Group, in the first deal for the private-equity firm’s new Asia fund. APMG provides primary care and specialty services, with a focus on neurology and oncology, and has four hospitals in China and a chain of clinics in Singapore and Malaysia. [image: Bain Capital LLC]

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Webinar: Indonesia healthcare market opportunities

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 Webinars

Watch the recording of our webinar on the Pharmaceutical & HealthCare Marketing BrightTALK channel: Global Growth Markets CEO Pete Read talks about Indonesia’s healthcare market fundamentals, the challenges faced, improvements in progress, how technology can help and opportunities for investment.

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