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China's first province for imported medical device approval

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09-Apr-18 Imported medical devices can be used in Boao City, Hainan, without CFDA registration approval, if they are approved by the Hainan Province FDA, China's State Council has announced. The policy is to attract western device manufacturers, investors and med-tourists. [image: China Med Device]

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Apax to buy TPG’s Healthium Medtech for USD300 mn

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06-Apr-18 British buyout fund Apax Partners is acquiring Healthium Medtech for USD300 mn from PE firm TPG Growth. This will be Apax’s second healthcare deal in India after its 2007 debut with an investment in Apollo Hospitals Enterprises. [image: ET Healthworld]

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Malaysia to generate USD725 mn healthcare revenue by 2020

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30-Mar-18  Malaysia expects to generate hospital revenue of MYR2.8 bn (USD725 mn) by 2020, with target markets in Indonesia, Myanmar, China and Vietnam. In 2017 hospital revenue from one million healthcare travellers was was MYR1.3 bn (USD337 mn). [image: New Straits Times]

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