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Myanmar reduces FDI hurdles for healthcare

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28-Sep-17 In Jun-17 Myanmar relaxed prohibitions on foreign trading, allowing 100% foreign-owned companies to sell certain hospital equipment. Myanmar needs to be less reliant on offshore manufacturing. With the increase in private medical insurance, opportunities abound for investors. [image: The Myanmar Times]

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Korea to produce 100 new drug candidates by 2026

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28-Sep-17 According to the Korean government's biotechnology development plan, the government will increase the number of new drug candidates by 100 to 185 in 2026 and help companies come up with at least five new blockbuster drugs. [image: Business Korea]

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Sequoia China Leads USD240 mn round in WuXi NextCODE

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08-Sep-17 WuXi NextCODE, a genomic big data platform, raised USD240 mn in a financing round led by Sequoia Capital China, making it among the largest venture financing deals for a start-up in the healthcare sector in China. [image: China Money Network]

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