03-May-16 China's Sinocare Inc has signed a purchase agreement privately-held PTS Diagnostics for up to USD200 mn in cash. PTS is a US-based manufacturer of biometric testing devices. "Together, our future will be centered on transforming preventative medicine, biometric testing, and connectivity by providing fast, easy, portable, and accurate medical devices and information management systems,” said Robert Huffstodt, CEO of PTS. [image: Sinocare Inc.]

22-Apr-16 Medical imaging company Carestream Health will build a cloud platform to establish a new clinical ecosystem in China. The company is discussing the project with several large hospitals and IT companies including Alibaba, with whom Carestream has already announced a partnership. The aim is gradually to provide complete medical IT solutions via the platform. [image: Carestream Health]

19-Apr-16 Walgreens Boots Alliance has bought a 15% stake in Russian pharmacy chain 36,6. In return Walgreens Boots Alliance has sold its Russian distributor Alliance Healthcare Russia to 36,6. The country’s commercial drug market can be very promising for foreign investors. [image: Newseurope]

19-Apr-16 Scripps Health will work with a Mexican health insurer to create the region's first hospital aimed to meet the needs of the growing number of Southern Californians who seek medical care south of the border. [image: Scripps Health]

15-Apr-16 The US is enjoying a record number of tourists from China and some have come for medical treatments they cannot get at home. "This is a relatively new thing in the last two years that many people from China have been coming to the US for medical care. Prior to that, there were very small numbers," said Spencer Koerner, medical director at Cedars-Sinai. [image: Li Ming and Cai Meng / China Daily]