20-May-16 China's demand for medical services is being met by some American healthcare companies opening operations overseas. "We see dramatically more Chinese coming to the US for medical treatment... A lot of Chinese companies are seeking to acquire US innovative companies or technologies to meet medical demand in China," said the executive director of the US China Innovation Alliance. [image: Medical Tourism]

11-May-16 Japan is home to four of the world’s top 10 innovative medical device companies, including the world leader Olympus, according to the 2016 State of Innovation Report. China, Korea, Europe and the US are also listed in the global top 10. The medical devices sector clocked 27% growth in year-on-year patent volume in 2015, followed by pharmaceuticals at 4%. [image: Mestec]

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]