08-Apr-17 Indian online doctor discovery and healthcare tech platform Practo has laid off 150 employees following its annual appraisal. The company said “this is a combination of performance and natural redundancies that emerge as we evolve our businesses and integrate our five acquisitions. We continue to rapidly grow our consumer and enterprise businesses and will continue to hire talent across the board”. [image: Times of India]

06-Apr-17 Global healthcare spending is roughly USD7 tn, according to the US Department of Commerce and many companies would have more success pursuing product approval in emerging markets as the technologies may be more helpful for those patient populations and the regulatory burdens more manageable, suggested Matthew Hein, representative for the US DoC at the MedTech Intelligence Global Regulatory conference. [image: MedTech Intelligence]

06-Apr-17 Korea's medical institutions expanded their businesses into 20 countries during 2016, according to a report by the Ministry of Health & Welfare. During 2016, Korean medical institutions continued their spread of the medicalss "Korean wave”, entering countries including China, the USA, Vietnam, Kazakhstan, and the UAE as well as many others, three more countries than in 2015. [image: Business Korea]

06-Apr-17 Korean company SK Holdings C&C has opened an AI cancer medical centre providing medical treatment through IBM's Watson for Oncology with Kunyang University Hospital. The AI service provided by Watson for oncology allows patients to receive cancer treatments at international standards proven around the world, without leaving their home. [image: Business Korea]

05-Apr-17 "Online doctor discovery and healthcare tech firm Practo will soon open its platform to insurers, pharmaceutical and medical device companies. The company's CEO Shashank ND said "we are looking to be a platform that connects any two stakeholders in the healthcare ecosystem, be it patients, providers, insurers, medical devices or others". [image: Practo]